Your Mortgage Center

Whether you are looking for a traditional mortgage or need something a little outside the box, our lending experts will go the extra mile to find the financing that is right for you.

Couple moving in to a new home

Trust TEG For Your Mortgage Loan

Mortgages are a highly specialized, requiring in-depth professional expertise. With extensive knowledge in mortgage lending, TEG is committed to helping you find the best possible loan. Membership is open to all those who live, work, worship or attend school in the New York Counties of Dutchess, Orange, Rockland, Putnam, Sullivan, Ulster and Westchester.

Why Finance With TEG

There’s no place like home. And there’s no place like TEGFCU for your mortgage. We know that when it comes to home financing, everyone’s needs are different. So whether you are looking to purchase a primary residence, second home, or investment property, or refinance to a lower rate, we will go the extra mile to find the best possible financing solution that is right for you.

  • Low Rates

TEG  offers the competitive rates that you need to make your new home affordable. As a not-for-profit credit union, we return our profits to members, so we generally offer lower rates and closing costs and better terms on our loans.

  • Low Closing Costs

Making a mortgage affordable means not surprising you with extra closing costs. Compare our closing cost to other lenders and Just Say No to Junk Fees. You won’t find them at TEG.

  • Great Expert Service

Our commitment to service from pre-approval to closing sets us apart. Our knowledgeable team will guide you through the process step-by-step, making it fast and easy to get to your closing, so we can say “Congratulations!” ASAP.

  • Local, In-house Underwriting

We’re dedicated to making a difference in the lives of our neighbors. We live here too, so we understand the needs of our members. We have the know-how to create a plan that’s right for you – and the financial strength to make it happen.

Meet Our Mortgage Loan Officers

We are here to help you secure the loan approval you need! With an extensive background in mortgage lending, we are committed to helping you find the best possible financial solution. APPLY TODAY with one of our Mortgage Officers.

Jessica Schoen Senior Mortgage Officer

NMLS#: 22486

JESSICA SCHOEN

Senior Mortgage Officer

I have many years of experience working with first time home borrowers so you can be confident I’ll help you find the mortgage loan best suited to your individual needs.

Matt Bannan

NMLS#: 404022

MATTHEW BANNAN

Senior Mortgage Officer

Home financing is one of the biggest decisions you will make. I’m here to answer your questions, find the right loan for your situation, and make the process as anxiety-free as possible.

Stephanie Cabrera - Mortgage Loan Officer

NMLS# 404022

STEPHANIE BARONE

Mortgage Loan Officer

As a bilingual Mortgage Officer, I’m here to provide exceptional service to borrowers in English and Spanish. You can expect friendly and professional service as you purchase your home.

Scott McNally

NMLS# 1841508

SCOTT MCNALLY

Mortgage Loan Officer

Financing a home doesn’t need to be stressful. I’m here to help you find the right loan. Whether this is your first home purchase, an investment property or a refinance, I will ensure your mortgage process runs efficiently and smoothly.

Mike Bartalone-144x216

NMLS# 1762372

Mike Bartolone

Mortgage Loan Officer

I am here to help clients find the best mortgage for their unique needs. Whether you are purchasing your first home or your dream home,  I can guide you through the entire process and answer your questions along the way.

NMLS# 1762372

Mike Bartolone

Mortgage Loan Officer

I enjoy working with clients to help their homeownership dreams come true.  From buying your first home, the home of your dreams, or a vacation property I will work with you to find the best loan for your specific needs.

★★★★★

Our experience was extraordinary. Jessica and the TEG team were incredible. They helped us from the moment we walked into the bank to after the closing was done. They were always available either via email or call. They made the process of buying our first home very pleasant. We are truly happy with the outcome and we love our home.

Mortgage Loans for the Way You Live

Conventional Mortgages FHA, VA, & USDA First Time Homebuyers Grant
Jumbo Mortgages Portfolio Loans Home Equity Loans
Construction to Perm Loans Rehab Loans Residential Lot Loans

 

APPLY NOW

Today’s Featured Conventional Mortgage & Refinance Rates*

Mortgage Purchase Rates*

TermRateAPRPoints
30 Year Fixed3.125%3.171%0.000%
20 Year Fixed3.000%3.065%0.000%
15 Year Fixed2.500%2.581%0.000%
*These rate charts are as of 5/10/2021 based on a $250,000, 80% LTV loan amount with escrows, 740 FICO and 60 day lock period. Your individual rate may vary based on loan amount, purpose, credit, LTV, lock period and other credit characteristics. Please note that mortgage interest rates may change several times a day in reaction to market movement.

Rate & Term Refinance*

TermRateAPRPoints
30 Year Fixed3.250%3.297%0.000%
20 Year Fixed3.125%3.190%0.000%
15 Year Fixed2.625%2.707%0.000%
*These rate charts are as of 5/10/2021 based on a $250,000, 80% LTV loan amount with escrows, 740 FICO and 60 day lock period. Your individual rate may vary based on loan amount, purpose, credit, LTV, lock period and other credit characteristics. Please note that mortgage interest rates may change several times a day in reaction to market movement.



Mortgage Calculator

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Let Us Take a Second Look and Get $50

If you are pre-approved by another mortgage lender, TEGFCU would like the opportunity to provide you with our own pre-approval decision, so that you can compare lending institutions and to thank you for taking a second look we will give you $50.

Man with arm around woman while looking at a new house

Home Mortgage Resources

Closing Costs

Nothing can put a damper on a dream home closing like extravagant closing costs. At TEGFCU we make it easier for you to close on your dream home. Learn More about Closing Costs

APR Information

Everything you need to know about Annual Percentage Rates. Learn About APRs about APR Information

Finance Options

See your options with financing with TEGFCU Mortgage Center See the Options about Finance Options

Document Checklist

Have everything you need? Make sure with our Document Checklist. View the Checklist about Document Checklist

Mortgage Glossary

A-Z Mortgage Terminology Read the Glossary about Mortgage Glossary

Mortgage FAQs

Have questions? We have answers. Get Answers about Mortgage FAQs

Home Loan Toolkit

Learn about your home loan. More Info about Home Loan Toolkit

Mortgage Calculators

See what matches your budget. Access the Calculators about Mortgage Calculators