Mortgage Rates as Low as 5.99%*
The 5/5 Mortgage Includes:
- No PMI
- No Closing Costs Available
- Up to 100% Financing
- Rate Lock for 5 Years, Adjusts Every 5 Years
- 10, 15, 20, and 30 Year Terms Available
100% Member Satisfaction
- 100% of members who recently closed a home loan with us reported an exceptional experience across every stage of the mortgage process.
- 100% of surveyed members indicated they would definitely recommend L&N.
If you have already applied for a Mortgage with us, please use the link below to access your account.
* Rate adjusts after 5 years, then adjustments occur every 5th year. For FICO Scores 720+ 5.75% for 80.00% or less LTV, 6.00% for 80.001% to 90.00% LTV, 6.25% for 90.001% to 95.00% LTV, 6.75% for 95.001% to 100.00% LTV. No closing costs available at a higher rate. Rates, terms, and offer are subject to change at any time without notice. Approval based on credit qualifications. Ask for details. NMLS#531738
**Includes Army, Navy, Air Force, Marines, Coast Guard, Firefighters, Police and EMS. Must show valid I.D. New loans only. Offer subject to change at any time without notice. NMLS#531738
The L&N 5/5 Mortgage plan is an adjustable rate mortgage that offers an initial rate lock for 5 years. After the 5th year, adjustments occur every 5 years.
10, 15, 20, & 30 Year Terms Available
- No PMI
- No Closing Costs Available
- Up to 100% Financing
- No Points
- Rate Lock for 5 Years, Adjusts Every 5 Years
* Rate adjusts after 5 years, then adjustments occur every 5th year. For FICO Scores 720+ 5.99% for 80.00% or less LTV, 6.25% for 80.001% to 90.00% LTV, 6.50% for 90.001% to 95.00% LTV, 6.99% for 95.001% to 100.00% LTV. No closing costs available at a higher rate. Rates, terms, and offer are subject to change at any time without notice. Approval based on credit qualifications. Ask for details. NMLS#531738
The L&N 7/5 Mortgage plan is an adjustable rate mortgage that offers an initial rate lock for 7 years. After the 7th year, adjustments occur every 5 years.
10, 15, 20, & 30 Year Terms Available
- Up to 100% Financing
- No Closing Costs Available
- No PMI
- Rate Locked in for the First 7 Years
- Competitive Rates
*The 7/5 adjustable rate mortgage is also available with normal closing costs and a lower interest rate. First rate adjustment occurs at year 7, then adjustments may occur every 5 years after the 7th year. Ask for details. Approval based on credit qualifications. Terms of the program are subject to change.
The L&N 15/15 Mortgage plan is an adjustable rate mortgage that offers a rate lock for 15 years. That’s an adjustable rate mortgage with only 1 rate change in 30 years!
30 Year Term Available
- Up to 95% Financing
- No Closing Costs Available
- No PMI
- Rate Locked in for 15 Years
- Competitive Rates
*Rate adjusts after 15 years. This is only 1 change during the term of the loan. Ask for details. Approval based on credit qualifications. Terms of the program are subject to change.
We never sell the servicing on our conventional mortgage loans!
So not only do you get competitive rates and terms, you get peace of mind knowing that you can count on L&N Federal Credit Union to always be there.
- Adjustable Rate
- Fixed Rate
- 10, 15, 20, & 30 Year Terms
Let L&N Federal Credit Union help you build the home of your dreams!
We offer a one-time closing, construction-to-permanent financing loan.
- Rate lock available at time of application
- Same rate during construction phase and permanent financing
- Primary residence
- Up to 90% financing
- No PMI
- 12 month construction phase
- 15/15 ARM loan program available
Financing a home for the first time can be overwhelming. Our First-Time Home Buyers Program will take you through the home buying process step-by-step, and provide useful assistance throughout.
- No PMI
- Up to 97% Financing
- 30 Year Term
- Reduced Closing Costs
- Escrow Account
- Fixed Rate