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Life is full of exciting firsts. Your first car. Your first job. You might be able to add your first home to the list a lot sooner than you think.
No matter how hard you work and save, it can be difficult to pull together the thousands of dollars needed for a down payment on a house. The good news is that TCU can help you get your foot through the door with a loan program that offers financial breaks to first-time homebuyers.
* EXAMPLE: Based on a $100,000 home purchase with $97,000 financed after $3,000 (3%) down payment. Assumes a 30-year conventional 4.375% (4.995% APR) fixed-rate mortgage, with monthly payments of $540.09. APR is Annual Percentage Rate.
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If you're between the ages of 14 and 17, you and a parent/legal guardian can open your Student Rewards Checking by visiting your nearby TCU branch. Be sure you each bring two forms of valid ID. You can find a list of acceptable IDs here.
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