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Due to important upgrades, all Lafayette Federal systems will be offline from 5:00 p.m. to 9:00 p.m. ET on Wednesday, December 12th. Please know we are working hard to improve your member experience and will work diligently to restore our systems as soon as possible. X
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Serving members worldwide since 1935.

Home Loans

  • First Time Home Buyer Program
  • Loans up to $3 million
  • Financing available in all 50 states

Fixed or adjustable-rate mortgage loans to fit your needs!

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Apply Today

Historical Cost of Funds

Mortgage Checklist for Applicants

NMLS #464425

We make the mortgage process as easy as opening the door to your home!

Equity Builder Loans

The Equity Builder Mortgage is an ARM that was created by us to meet the financial needs of our members. The premise behind our Equity Builder Mortgage was to link the borrowing member to our relatively low and comparatively stable cost of funds index, thereby providing the member with a low and historically stable mortgage rate and generally reducing the amount of interest paid relative to other ARM loans during the life of the loan.

First Time Home Buyers

We’ll take the mystery out of buying a home…and a bunch of the costs too! With our first time home buyers program, you’ll get all the help you need understanding your options. You’ll also receive:

  • Lender credits that reduce your closing costs OR rate discounts that save you money
  • Rate discounts that save you money long term
  • A minimum down payment of just 3%
  • Loans up to $679,650


Home Equity Loans

Already own your home? It's time to put your equity to work! Your equity is determined by subtracting your mortgage balance from your home's appraised value. This can add up to a lot of cash. Make additions to your home, consolidate bills, pay college tuition, take a family vacation, or if you just want a safety net—the possibilities are endless.

Using your equity as collateral you can borrow at great low rates. We offer fixed and adjustable rate home equity loans or lines of credit and we'll lend up to $500,000.

To obtain rates, payments, closing costs and to complete an online application, apply today. After you have applied, a representative from our lending department will be in touch with you, and you can decide together on the right home equity option for you.

VA Loans

You served us, now allow us to serve you!

  • 0% down payment!
  • Lender Credits Available
  • Low Rates, 30-year and 15-year terms available
  • Qualify with less than perfect credit
  • No Private Mortgage Insurance Required
  • Previous Bankruptcy Considered
  • Seller can contribute toward closing costs
  • Loan amounts up to $679,650
  • Streamlined Refinancing: Fast and low cost! (Appraisal not required)

Already know that you want to apply? Apply now and fill out a no-obligation mortgage application. Submit the application online and receive an automatic decision on your loan request in approximately 30 seconds. You’ll also receive your loan disclosures such as your Good Faith Estimate and Truth-In-Lending online to view and print.

Benefits of applying:
  • You can now receive 30 second automatic loan approvals;
  • Receive your loan disclosures online to view and print—no more waiting for the mail;
  • Get closing cost estimates for properties located anywhere in the United States;
  • View simultaneous loan rate/payment comparisons for ALL of our loan products;
  • Sign up to receive automatic interest rate updates with "Rate Watch";
  • Obtain detailed information from your loan officer on what to expect throughout your loan process

Want to start searching for that perfect home? The first step is to get a pre-approval letter to determine the best financing for you. You can submit an application and receive an automatic, pre-approval letter that you can take to your realtor. The process takes approximately 20 minutes to complete the application and if qualified, a decision can be made within 30 seconds.

an exclusive, free member service that can help you search, buy, sell and save on your next home.

Lafayette Federal HomeAdvantage® gives you the tools and expertise you'll need to find and finance your home while saving you time and money in the process!

  • Start your search: Simple, single-point access to information you can trust, including online property listings, recent sales data, demographics, schools, crime statistics and more. Search our listings.
  • Connect to an experienced agent: When you're ready, we can connect you to an experienced real estate agent in our network of hand-picked professionals. Review our agents.
  • Earn HomeAdvantage Cash Rewards: When you use one of the agents in our network, you can earn Cash Rewards - an average of over $1,500 in savings!* Calculate your savings.
  • Get support when you need it: The HomeAdvantage Member Service Team is available seven days a week for help and guidance! Contact the Member Service Team.

Get Started!

First-Time Homebuyer Purchase Assistance

To help you get started on solid footing, Lafayette Federal can assist first-time homebuyers in accessing matching funds for the down payment and closing costs incurred when purchasing a home. For every $1 you contribute to your home purchase, you can receive $4 in matching funds, up to $5,000. Funding is available to qualified first-time homebuyers.*

In addition to meeting income eligibility requirements, the homebuyer must:

  • Contribute at least $1,000 toward the purchase of the home
  • Occupy the home as a primary residence for at least five years
  • Complete a homebuyer education and financial literacy course specified by FHLBank Atlanta


Community Partner Purchase Assistance

Lafayette Federal can assist current or retired law enforcement officers, educators, health care workers, firefighters, and other first respondersin accessing matching funds for the down payment, closing costs, and rehabilitation costs incurred when purchasing a home. For every $1 you contribute to your home purchase, you can receive $4 in matching funds, up to $7,500.

Funding is available to qualified borrowers that meet product and income eligibility requirements, including first-time homebuyers or families and individuals that currently own a home or have previously owned a home.*

In addition to meeting eligibility requirements, the homebuyer must:

  • Contribute at least $1,000 toward the purchase of the home
  • Occupy the home as a primary residence for at least five years
  • Complete a homebuyer education and financial literacy course specified by FHLBank Atlanta


Community Rebuild and Restore Assistance

Lafayette Federal can provide up to $10,000 per household for rehabilitation of an owner-occupied home located in "Major Disaster Declaration" areas as designated by the Federal Emergency Management Agency (FEMA).*

In addition to meeting the income eligibility requirements, the homeowner must:

  • Occupy the home as a primary residence for at least five years
  • Have at least 30 days current ownership by life estate or full interest in the fee title and have ownership of the subject property at the time of the "Major Disaster Declaration"
  • Work with Lafayette Federal to submit an application within 24 months of the "Major Disaster Declaration” by FEMA

Veterans Purchase Assistance

As a special offering to the military community, Lafayette Federal can help eligible veterans or active-duty members of the U.S. military*, their spouses, or their surviving spouses access grant funds to provide down-payment, closing-cost, and principal reduction assistance for the purchase of a home to be occupied as a primary residence. No matching funds from the homeowner or homebuyer are required.

Home Purchase Funding:

Up to $10,000 for the purchase or purchase and rehabilitation of a home to be occupied as a primary residence. Veterans, their spouses, or their surviving spouses who are first-time homebuyers or who currently own or have previously owned a home may be eligible. Income and other eligibility requirements apply.

*Products of the Federal Home Loan Bank of Atlanta. The Veterans Products are available to veterans or active-duty members of any branch of the U.S. military, their spouses, or their surviving spouses. National Guard Reservists are eligible if they have served in active duty or performed services in active duty or were injured in active duty. Please see Federal Home Loan Bank of Atlanta’s Affordable Housing Program Implementation Plan at www.fhlbatl.com for complete product requirements.

Tired of having to look for the information that you need? Let us send it directly to you. We can now keep an eye on rates for you and notify you when our rates are getting close to your target rate. Sign up for Rate Watch and have rates emailed to you daily, weekly or monthly on all of our products or just the products that interest you. It’s a free service that keeps in on top of the mortgage industry without having to do the work!

We offer a variety of financing options for owner and non-owner-occupied units at River Place in Arlington, Virginia. We offer financing not only for purchases but also for rate/term refinances with cash-out options available. You can apply online or, if you prefer, our loan originators will be happy to meet with you personally to discuss your financing options and take your loan application.

Get our Special Rates for River Place

For more information and current rates contact:

Kimberly Petrey
Phone: (855) 623-6535
Email: kpetrey@cumortgage.net

Have Questions? Just ask.
Apply Now

Historical Cost of Funds

NMLS #464425


  • Home Advantage Family on porch

    Lafayette Federal HomeAdvantage is a free member service that can help you buy, sell and save on your home.

    Save $100s to $1,000s in Cash Rewards*

  • Holiday Loan 2018

    A Lafayette Federal Holiday Loan is the perfect way to cover your extra spending this season.

    Rates as low as 4.74% APR*

  • Woman in New Car

    Dreaming of a new ride? Let us finance your next new, used, or fuel-efficient vehicle.

    Rates as low as 2.375% APR*