A Federal Credit Union is a nonprofit, cooperative financial institution owned and run by its members. Organized to serve, democratically controlled Credit Unions provide their members with a safe place to save and borrow at reasonable rates. Members pool their funds to make loans to one-another. Members elect the volunteer board that runs each Credit Union. Not for profit, not for charity, but for service is a Credit Union motto.
The Texas Associations of Professionals Federal Credit Union (TAP FCU) is a non-profit financial organization owned and operated by its members for the benefit of all who belong. TAP FCU is a financial institution dedicated to providing its members an efficient, economical source of confidential credit and promoting thrift through a convenient, systematic savings plan. All profits received from loans to members and other investments made with shares (savings) deposited by the members are returned to those members in the form of dividends or other benefits after expenses are paid and legal reserves are set aside. The credit union does not profit, its members do.
Our charter was granted by the National Credit Union Administration (NCUA) on August 31, 1978. The Credit Union is regulated and supervised by this federal agency. On April 27, 1988, the Credit Union Board of Directors, after receiving approval from the NCUA, voted to change the Credit Union’s name from San Antonio Board of REALTORS® Federal Credit Union to Texas Associations of Professionals Federal Credit Union (TAP FCU). This name more accurately reflects our current membership.
A Credit Union is designed to meet the needs of a specific group of people within a certain occupation, organization or other activity that creates a common bond. At TAP FCU, this common bond includes REALTORS®, Builders, Independent Insurance Agents, and all members of such organizations. Credit Union membership is extended to those members’ employees and immediate families. “Immediate families” include grandparents, parents, husbands, wives, children, grandchildren, brothers, and sisters.
Changes to the Property Value could change the results in a significant way. Lendersa® sliders allow you to make fast changes to explore your financing options.
You can change the property value by moving the Property Value slider up or down or by entering a new Property Value manually in the Property Value box.
When you change the Property Value, only the LTV will change, and the Loan Amount will remain the same Loan Amount.
Other advanced sliders’ options are available with Lendersa® Advanced Calculator
CloseChanges to the loan amount, even so slightly, could change the results in a significant way. Lendersa® sliders allow you to make fast changes to explore your financing options.
The Loan Amount Slider
Change the Loan Amount by moving the Loan Amount slider. (The LTV will change, and the Property Value will remain unchanged).
The LTV Slider
Change the Loan Amount by moving the LTV slider. (The Property Value will remain unchanged).
Other advanced options are available with Lendersa® Advanced Calculator
CloseLTV is the abbreviation of Loan To Value, and it is the ratio between the Loan Amount and the Property Value. The formula to calculate LTV is Loan Amount divided by the property value. 
Example: Loan Amount $300,000, Property value $400,000 
Changes to the LTV, even so slightly, could change the results in a significant way. Lendersa® sliders allow you to make fast changes to explore your financing options.
The Loan Amount Slider
Change the Loan Amount by moving the Loan Amount slider. (The LTV will change, and the Property Value will remain unchanged).
The LTV Slider
Change the Loan Amount by moving the LTV slider. (The Property Value will remain unchanged).
Other advanced options are available with Lendersa® Advanced Calculator
Close
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NMLS 1795154
