Fixed or adjustable-rate mortgage loans to fit your needs!Check Rates
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.
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:
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.
You served us, now allow us to serve you!
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.
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.
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!
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:
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:
In addition to meeting the income eligibility requirements, the homeowner must:
As a special offering to the military community, Lafayette Federal can help eligible veterans or active-duty members of the U.S. military*
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.
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
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*
We're rewarding YOU with our bigger, better, bolder 3.03% APY2 Relationship Checking Account!
Big banks can't compete.
Dreaming of a new ride? Let us finance your next new, used, or fuel-efficient vehicle.
Rates as low as 2.375% APR*