Mortgage Loans

*APR = Annual Percentage Rate. Your APR may vary. Rates subject to change. Must be eligible for membership. The rates provided are based on a variety of conditions which include consumer credit score which may be higher or lower than the individual score. Your loan’s interest rate will depend on the specific loan type and characteristics of your loan transaction and your credit history up to the time of closing. The interest rates are not a replacement for a Loan Estimate and all information presented is subject to change at any time. APR values for mortgage loans assume average closing costs associated with the transaction and may not include additional costs required by loan type (e.g., VA Funding Fee and Private Mortgage Insurance). Actual rates may be obtained by contacting a Lafayette Federal Credit Union Loan Officer. Adjustable rate mortgage products are based on Lafayette Federal’s Cost of Funds Index (COFI), London Interbank Offered Rate (LIBOR), or the Constant Maturity Treasury Rate (CMT). Must be eligible for membership and all borrowers must become a member prior to consummation. $50 minimum balance required to open and earn 0.10% APY** on Lafayette Federal share savings account balances. $5 minimum balance required to open and earn 0.025% APY** on Lafayette Federal checking account balances. **APY=Annual Percentage Yield. Rates are subject to change without notice. Your savings are federally insured to at least $250,000 by the National Credit Union Administration, an agency of the U.S. government. Contact a Lafayette Federal representative for loan details and restrictions. NMLS #464425. ***Cash Rewards are awarded through the HomeAdvantage program to buyers and sellers who select and use a real estate agent in the HomeAdvantage network. Home buyers or sellers are not eligible for Cash Rewards if they use an agent outside this network. Cash Rewards amounts are dependent on the commissions paid to the HomeAdvantage network agent. Obtaining a mortgage or use of any specific lending institution is not a requirement to earn Cash Rewards. If you are obtaining a mortgage, your lender may have specific rules on how Cash Rewards can be paid out. Cash Rewards are available in most states; however, are void where prohibited by law or by the lender. Please consult with your lender for details that may affect you. NMLS 464425