Teamsters Federal Credit Union

Chris Butts - Sales Manager

NMLS# 613440
Tel: (781) 223-8474
Email Me

Arlington Heights
1201 Massachusetts Avenue
Arlington, Massachusetts 02476

New England Teamsters Federal Credit Union has a legacy of Teamsters helping Teamsters and their families. We will help build our members’ financial future. We are proud to partner with Leader Bank, a premier community bank to offer a greater variety of first mortgage options for you and your family.

Leader Bank is proud to introduce you to some of our unique solutions to your financing needs:

  • Home Purchase/Refinance: In the market for a new home or want to refinance as existing loan? Leader Bank offers fixed and adjustable rate programs for loan amounts as low as $50,000, with flexible terms, rates and point options, including "no points and no closing cost" programs

  • Investment Properties: Are you looking to expand your investment portfolio? Leader Bank offers investment home financing to meet any prudent investor’s needs.

  • Commercial Real Estate: Leader Bank’s experienced commercial team is dedicated to offering the most diverse options to anyone looking to finance commercial real estate.

  • Small Business Loans: Leader Bank understands that small businesses need financing to grow. Leader Bank offers a variety of small business loans tailored to the specific needs of your business.

  • Customized Financing: Leader Bank offers a wide variety of Special Mortgage Programs that can be customized to your personal financial goals.

 

Leader Bank Residential Product Offerings:

  • 30 Year Fixed Rate Mortgage: The traditional 30-year fixed rate mortgage has a constant interest rate and monthly payments that never change. This may be a good choice if you plan to stay in your home for seven years or longer.

 

  • 15 Year Fixed Rate Mortgage: This loan is fully amortized over a 15-year period and features a constant interest rate and monthly payment. 15-Year fixed mortgages offer all of the advantages of the 30-year fixed mortgage, with the benefit of a lower interest rate. Plus, you’ll own your home twice as fast with this product

 

  • 5/1, 7/1 and 10/1 Adjustable Rate Mortgages: These increasing popular adjustable rate mortgages offer the best of both worlds: lower interest rates and a fixed payment for varying lengths of time (5, 7 or 10 years). This product is a great option for anyone looking to move or refinance shortly after the adjustment occurs.

 

  • Jumbo Loans: Jumbo loans, also known as non-conforming loans, are ideal for borrower looking for a larger mortgage. Since 2009, jumbo loans are any loans that exceed the following: $417,000 for single family, $533,850 for 2-unit, $645,300 for 3-unit and $801,950 for 4-unit properties.

 

 

 

 

 

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