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.

Trust TEG FCU For Your Mortgage Loan

  • Great Rates & Service
  • Low Closing Costs
  • NO Junk Fees

Why Finance With TEG FCU

We take our responsibility to our members seriously. We’re proud to be local, member-owned, and not for profit.  

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

  1. No Application Fee
  2. No Origination Fee
  3. No Broker Fee
  4. No Processing Fee
  5. No Underwriting Fee
  6. No Mortgage Rate Lock Fee
  7. No Wire Transfer Fee
  8. FREE pre-approvals


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
Jumbo Mortgages Portfolio Loans Home Equity Loans
Construction to Perm Loans Rehab Loans Residential Lot Loans

We also offer a 10-year mortgage with no closing costs. Borrower is responsible for prepaid items including interest, taxes and insurance if applicable. If loan is paid in full within 36 months, borrower will be responsible to pay $750 in closing cost recapture. An upfront appraisal fee may be required which will be refunded at closing.

Talk to a Mortgage expert & apply

Today’s Featured Conventional Mortgage & Refinance Rates*

Mortgage Purchase Rates*

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 9/17/2021 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

Monthly Payment: 0

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.

Learn More

Man with arm around woman while looking at a new house

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


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


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# 1762372


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


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.

Jeffrey Shields Mortgage Officer

NMLS# 1466211

Jeffrey Shields

Mortgage Loan Officer

Known for outstanding service, you can count on me to look out for your interests and keep you informed throughout the mortgage process. I strive to make borrowers feel at ease and get to their goal of homeownership.

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.

Home Mortgage Resources

Closing Costs

With NO extra junk fees, TEG keeps your closing costs low. 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

Who Can Apply

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.