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Due to building repair work being done, the SBA branch will be closed on Monday, September 23rd.  The branch will resume normal business hours on Tuesday, September 24th. We apologize for any inconvenience.
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Serving members worldwide since 1935.

Mortgage Loans

  • First Time Home Buyer Programs
  • Loans up to $3 million
  • Financing available in all 50 states
  • Rates as low as 3.375% (4.316% APR*)

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



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Tips for Buying a Home

Buying a home is a big deal. Whether it's your first home or your retirement home, this is one purchase that should never be taken lightly. Making wise choices now will pay off down the road.

Check Out Our Home Buying Resources

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

Choose from a Variety of First Mortgages

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

  • Rate discounts that save you money long term
  • Loan options with down payments as little as 3%
  • Loans up to $3,000,000


A fixed rate mortgage provides you with the security of a monthly payment that doesn't change. Fixed rate loans are a secure way to ensure a stable payment and rate on your loan. By choosing a 30 year fixed rate loan, you will have the lowest monthly payment of all the fixed rate loans we offer.

An adjustable rate mortgage has a monthly payment that may change over the term of the loan.

Lafayette Federal is proud to offer two ARM Programs: our Equity Builder and Wealth Builder Mortgages. They were created to help meet the financial needs of our members. The premise behind our Equity Builder Mortgage was to link the borrowing member to relatively low and comparatively stable indexes, 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. It comes in in a 1 year variation that has the ability to adjust every year.

Our Wealth Builder Mortgage is based off the Treasury Constant Maturity Rate index and comes with longer adjustment periods. Our favorite is our 5 Year Wealth Builder Mortgage; it provides the security of a longer period while providing the other benefits associated with our other Lafayette Federal ARM Programs.


Bridge Loans

A Lafayette Federal Bridge Loan helps you bridge the gap between having the money to purchase the home of your dreams and selling your existing residence. If you’re under a time crunch to sell, a Bridge Loan, which leverages the equity of your current home, gives you the money you need for a down payment, allowing you to close on your new home without having to worry about selling your current home. The Bridge Loan is paid off with the proceeds of your current home (also known as your departing residence).

  • Financing up to 80% Loan-to-Value (LTV) on your current home
  • Treated like a first mortgage refinance
  • 12 month balloon
  • Monthly payments are optional – but not required – interest accrues and balance is due at maturity or payoff (whichever comes first)

Available to eligible service members and backed by the Department of Veteran Affairs (VA). This fixed rate loan offers 100% financing, loan terms up to 30 years, and comes with no mortgage insurance (MI).

    Insured by the Federal Housing Administration (FHA) and ideal for homebuyers seeking a low down payment. The loan program comes with fixed and adjustable rate options with loan terms up to 30 years.

    Lafayette Federal HomeAdvantage®

    Take advantage of this 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 ListingsOpens in New Window

    Earn HomeAdvantage Cash Rewards

    When you use one of the agents in our network, you can earn Cash Rewards — an average of $3,000 in savings!** Calculate Your SavingsOpens in New Window

    From Martinsburg, WV to Loudoun County, VA to Southern Maryland; we have partnered with a hand-picked network of real estate agents that are located all across the DC area. When ready, we can connect you with an agent in our network:

    • Ken Abramowitz, RE/MAX Town Center, Germantown, MD, 301-526-2380 (English)
    • Damian Buckley, Compass, Bethesda, MD, 202-438-6080 (English, Spanish and French)
    • Butch Cazin, Long and Foster Realtors, Martinsburg, WV, 304-260-0075 (English and Tagalog)
    • Sam Chim, Bankable Realty, Rockville, MD, 301-332-7381 (English, Spanish, and Vietnamese)
    • Jill Crofcheck, MDC Realty, Dunkirk, MD, 410-991-8104 (English)
    • Carlos Espinoza, RE/MAX Realty Group, North Potomac, MD, 240-426-8627 (English and Spanish)
    • Jennifer Kelly, RE/MAX Allegiance, McLean, VA, 703-615-5412 (English)
    • Pia Reyes, Coldwell Banker Residential Brokerage, Washington, DC (English and Tagalog)
    • Jay Rowzie, Living Realty, Ashburn, VA, 703-801-8908 (English)
    Looking for an agent out of area? Browse the HomeAdvantage Nationwide DirectoryOpens in New Window

    Get support anytime you need it. The HomeAdvantage Member Service Team is available seven days a week for help and guidance! Contact the Member Service Team
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    Calculate Your Payment and More


    Choose Your Mortgage Loan Officer

    You can call or email us to answer questions or get advice. Ready to close on your mortgage quickly? We can get your mortgage approved in minutes, rather than days or weeks! We offer free pre-approvals, so you can shop for your home knowing that you can afford the mortgage. Confused about which program to choose? We'll help you determine what's best for your situation. We're always just a call or email away!

    Mortgage officers are based in our Corporate Office at 2701 Tower Oaks Boulevard, Rockville, MD 20852.

    Peter Benjamin

    Peter Benjamin

    SVP Mortgage Lending
    NMLS #408105
    Office: 240-292-5361
    pbenjamin@lfcu.org

    Learn more about Peter and contact him with questions or concerns.


    Jermaine Medley

    Jermaine Medley

    Vice President – Mortgage Originations
    NMLS #740025
    Office: 240-747-2471
    Cell: 240-620-7839
    jmedley@lfcu.org

    Learn more about Jermaine and get pre-approved for your mortgage.



    Allieu Jallow

    Alieu Jallow

    Mortgage Loan Officer
    NMLS #189814
    Office: 240-292-5367
    Cell: 202-568-0146
    jallow@lfcu.org

    Learn more about Alieu and get pre-approved for your mortgage.

    Angelica Garcia

    Angelica Garcia

    Mortgage Loan Officer
    NMLS #1436145
    Office: 240-292-5543
    Cell: 202-568-0267
    agarcia@lfcu.org

    Se Habla Espanol

    Learn more about Angelica and get pre-approved for your mortgage.


    John Kaneshige

    John Kaneshige

    Mortgage Loan Officer
    NMLS #431328
    Office 240-292-5541
    Cell: 202-308-8386
    jkaneshige@lfcu.org

    Learn more about John and get pre-approved for your mortgage.


    Patricia Ebbert

    Patricia Ebbert

    Mortgage Loan Officer
    NMLS #453616
    Office: 240-292-5366
    Cell: 202-313-1776
    pebbert@lfcu.org

    Learn more about Patricia and get pre-approved for your mortgage.

    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. The process takes approximately 20 minutes to complete the application and if qualified, a decision can be made the same day you apply.

    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 responders in 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.

    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 officers will be happy to meet with you personally to discuss your financing options and take your loan application.

    Check out our Home Buying Resources. Have Questions? Just ask.
    *APR = Annual Percentage Rate. Your APR may vary. Rates subject to change. Must be eligible for membership. **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.
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      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*

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      Rates as low as 2.375% APR*