Why a LUSO mortgage?
Whether you’re house-hunting, downsizing to a condo, or buying your first home, you can choose from 10-year conforming fixed-rate mortgages to 30-year adjustable-rate mortgages. Take advantage of the benefits of being a member-owner, including:
- In-house underwriting and guaranteed fast turnarounds
- Guidance from our lending specialists every step of the way
Mortgage Closing Special Offer
Receive $500 off your closing costs on any new purchase or refinance* when you become a LUSO member and include at least four of the requirements below:
- Checking account
- Debit card/ATM card
- Automatic loan payment
- Direct deposit
- eStatements
- Mobile Banking
For an additional $500 for first-time homebuyers, you must qualify for the FTHB Certificate from Fannie Mae (required as part of the FTHB program).
*Restrictions apply. Offer cannot be combined with any other offer or rate match request, and excludes any existing LUSO Federal Credit Union loans. All applications subject to underwriting approval.
Conforming Fixed Rate Mortgage / New Construction / Condo
As of 3/19/2024
Points | Term | Rate | APR | Payment per $1,000 borrowed |
---|---|---|---|---|
0 | 10 Year | 6.000% | 6.220% | $11.10 |
0 | 15 Year | 6.125% | 6.281% | $8.51 |
0 | 20 Year | 6.250% | 6.375% | $7.31 |
0 | 25 Year | 6.375% | 6.482% | $6.67 |
0 | 30 Year | 6.500% | 6.596% | $6.32 |
1 | 10 Year | 5.750% | 6.188% | $10.98 |
1 | 15 Year | 6.000% | 6.311% | $8.44 |
1 | 20 Year | 6.125% | 6.373% | $7.24 |
1 | 25 Year | 6.250% | 6.462% | $6.60 |
1 | 30 Year | 6.375% | 6.565% | $6.24 |
2 | 10 Year | 5.625% | 6.278% | $10.91 |
2 | 15 Year | 5.875% | 6.338% | $8.37 |
2 | 20 Year | 6.000% | 6.370% | $7.16 |
2 | 25 Year | 6.125% | 6.441% | $6.52 |
2 | 30 Year | 6.250% | 6.532% | $6.16 |