Third Federal Savings & Loan

Here's what you may have to pay when you close on a mortgage loan: Down Payment: Cash paid towards the purchase of a home. Private Mortgage Insuranc...

At Third Federal, you automatically receive a 60-day commitment that locks in your interest rate from the date that you apply.  If the rate goes up before c...

Private Mortgage Insurance (PMI) is provided by a "private mortgage insurance" company and is designed to protect the lender in case of default.  ...

A refinance replaces an existing mortgage with a new one, and may have a new rate and term.  A refinance may be used to lower a monthly payment, change the ...

An adjustable rate mortgage is a loan where the loan's interest rate and payment (principal and interest) change periodically.    The adjustment inte...

For both new and existing loans, Third Federal will consider allowing you to pay your own property taxes once you have obtained 30% equity in your home. To ...

Interest Rate is the rate used to perform interest calculations and establish the monthly mortgage payment. Annual Percentage Rate (APR) defines the cos...

The purchase of a home is most likely one of the most expensive and important purchases you will ever make. You and your mortgage lender want to verify owne...

To view closing costs, go to the Third Federal home page, click on "rates" located on the mortgage chart.  You'll see a list of several mortga...

If the property is located in California, Third Federal does not require borrowers to escrow for taxes or flood insurance.