Effective January 1, 2020 – Until Further Notice
Information Requested at Application
- Completed loan application with photocopy of Deed or photocopy of legal description from other documents.
- Current paystub reflecting year-to-date income; if Self-Employed, two years Federal Tax Returns.
- Evidence of Homeowners Insurance or name and phone number of agent.
New monthly mortgage payment plus all other mortgage & installment loan pymts. should not exceed approximately 43% of stable gross income of $40,000.00 or more. Ratio will be different on lower income. (Income before Federal, State & FICA deductions). Real Estate must be located in the state of Oklahoma & meet TFCU’s guidelines.