With a number of fixed-rate and adjustable-rate mortgage options, we are prepared to help you find financing that fits your plans. We are also equipped to support specialized financing options including VA and FHA loans.

Your mortgage lending needs will be addressed by originators who prioritize your individual goals. From application to closing, we will help you understand your options so you can make informed decisions along the way. We value flexibility, so if you would you like to get a pre-approval for a home purchase on the weekend or after business hours, we'll accommodate your schedule. With our common-sense approach to lending and our team of in-house underwriters, we guarantee fast turnaround times. 

Receive $500 on your closing costs* for any purchase or refinance when you qualify!

In order to qualify, you must become a member and include at least four of the products below: 

First-Time Homebuyer Incentive: 

Complete training to obtain the FTHB Certificate from Fannie Mae for an additional $500 first-time homebuyer offer. 

*Offer cannot be combined with any other offer or rate match request, and exclude any existing LUSO Federal Credit Union loans. All applications subject to underwriting approval. 

Conforming Fixed Rate Mortgage / New Construction / Condo

Conforming Fixed Rate Mortgage / New Construction / Condo

PointsTermRateAPRPayment per $1,000 Borrowed
0 Points10 Year6.375%6.597%$11.29
0 Points15 Year6.500%6.658%$8.71
0 Points20 Year6.625%6.752%$7.53
0 Points25 Year6.750%6.859%$6.91
0 Points30 Year6.875%6.973%$6.57
1 Points10 Year6.250%6.692%$11.23
1 Points15 Year6.375%6.689%$8.64
1 Points20 Year6.500%6.752%$7.46
1 Points25 Year6.625%6.841%$6.83
1 Points30 Year6.750%6.944%$6.49
2 Points10 Year6.125%6.784%$11.16
2 Points15 Year6.250%6.718%$8.57
2 Points20 Year6.375%6.750%$7.38
2 Points25 Year6.500%6.822%$6.75
2 Points30 Year6.625%6.914%$6.40

Conforming Jumbo Fixed Rate Mortgage / New Construction / Condo

Conforming Jumbo Fixed Rate Mortgage / New Construction / Condo

PointsTermRateAPRPayment per $1,000 borrowed
0 Points10 Year6.875%6.919%$11.55
0 Points15 Year7.000%7.031%$8.99
0 Points20 Year7.125% 7.150%$7.83
0 Points25 Year7.250%7.272%$7.23
0 Points30 Year7.375%7.395%$6.91
1 Points10 Year6.750%7.017%$11.48
1 Points15 Year6.875%7.066%$8.92
1 Points20 Year7.000%7.154%$7.75
1 Points25 Year7.125%7.258%$7.15
1 Points30 Year7.250%7.370%$6.82
2 Points10 Year6.625%7.113%$11.42
2 Points15 Year6.750%7.098%$8.85
2 Points20 Year6.875%7.156%$7.68
2 Points25 Year7.000%7.242%$7.07
2 Points30 Year7.125%7.343%$6.74

Fees vary and may be due at application

Mortgage construction and biweekly mortgage payment available at a rate increase of 0.25%

APR: Annual Percentage Rate is based on a $150,000.00 loan amount; Jumbo loan APR is based on a $766,551.00 loan amount.

Down Payment Requirements: a 20% down payment is required; less than a 20% down payment will require PMI Insurance; less than a 30% down payment will require real estate tax escrow.

Loan terms and conditions, including interest rate and/or fees, are subject to change due to the resulting risk rating assigned by the Credit Union’s secondary market investor.  Factors used in determining risk ratings include certain loan characteristics such as points, loan amount, loan-to-value, borrower’s credit, property type, occupancy, and loan purpose.

Jumbo loan limits may differ by County per FNMA Guidelines.

Construction Term Policy: The construction phase is limited to a maximum (12) month period; 10% down payment required (10% may be in reserves or land equity).

Non-conforming rates available.

20 Year Amortization Conforming Adjustable Rate Mortgage / Condo

20 Year Amortization Conforming Adjustable Rate Mortgage / Condo

PointsTermRateAPRIndexCAPMargin
0 Points5/16.125%7.363%1 YR Treasury2/6+ 2.75%

20 Year Amortization Conforming Jumbo Adjustable Rate Mortgage / Condo

20 Year Amortization Conforming Jumbo Adjustable Rate Mortgage / Condo

PointsTermRateAPRIndexCAPMargin
0 Points5/16.625%7.756%1 YR Treasury2/6+ 3.25%

Owner Occupied / Max Loan $766,550.00

Fees vary and may be due at application

Mortgage construction and biweekly mortgage payment available at a rate increase of 0.25%

APR: Annual Percentage Rate is based on a $150,000.00 loan amount; Jumbo loan APR is based on a $766,551.00 loan amount; 20 YR amortization. 

Rates are subject to increase after consummation/first adjustment.

Floor rate will not fall below 2.500% (* 3.000% for Jumbo loans).

Down Payment Requirements: a 20% down payment is required; less than a 20% down payment will require Private Mortgage Insurance (PMI); less than a 30% down payment will require real estate tax escrow.

Rate Lock Policy: LFCU will rate lock for 45 days at no charge. (You will have the option to extend the lock period for an additional fee). 

Jumbo loan limits may differ by County per FNMA Guidelines.

Construction Term Policy: The construction phase is limited to a maximum (12) month period; 10% down payment required (10% may be in reserves or land equity).

Non-conforming rates available.

30 Year Amortization Jumbo Adjustable Rate Mortgage/New Construction / Condo

30 Year Amortization Jumbo Adjustable Rate Mortgage/New Construction / Condo

PointsTermRateAPRIndexCAPSMargin
0 Points5/16.875%7.810%1 Yr Treasury2/6+ 3.250%
1 Points5/16.750%7.901%1 Yr Treasury2/6+ 3.250%
2 Points5/16.625%7.995%1 Yr Treasury2/6+ 3.250%

30 Year Amortization Adjustable Rate Mortgage/New Construction / Condo

30 Year Amortization Adjustable Rate Mortgage/New Construction / Condo

PointsTermRateAPRIndexCAPSMargin
0 Points5/16.375%7.393%1 Yr Treasury2/6+ 2.750%
1 Points5/16.250%7.483%1 Yr Treasury2/6+ 2.750%
2 Points5/16.125%7.575%1 Yr Treasury2/6+ 2.750%

APR: APR:  Annual Percentage Rate is based on a $150,000.00 loan amount; Jumbo loan APR is based on a $726,201.00 loan amount; 30- YR amortization.

Rates are subject to increase after consummation/first adjustment.

Down Payment Requirements: a 20% down payment is required; less than a 20% down payment will require PMI Insurance; less than a 30% down payment will require real estate tax escrow.

Jumbo loan limits may differ by County per FNMA Guidelines

Construction Term Policy: The construction phase is limited to a maximum (12) month period; 10% down payment required (10% may be in reserves or land equity).

Non-conforming rates available.