Mechanic Lien Loans

All loan rates stated as Annual Percentage Rate.

To speak to a Real Estate representative please call 915-926-2683.

  • The funds must be used for home improvements and your property is used as collateral.
  • TFCU only offers loans that have a first or second lien position.
  • The amount is based on the following formula: 80% of the appraised value minus (-) the balance owed on property.
60 Months 5.90% APR
120 Months 6.50% APR
180 Months 6.90% APR

Loan Example: 60 payments of $19.29 for each $1,000 borrowed at 5.90% APR


Download Loan Application Form(s) below: