Essential workers standing smiling

Essential Worker Mortgage Program

Making home ownership a reality for our everyday heroes.

We are committed to getting you into your dream home.

People helping people. It’s the credit union philosophy, and one we firmly stand by. In exchange for your tireless service, let us take care of you by getting you into your dream home.

We are proud to offer our Essential Worker Mortgage Program1 to those who show the utmost in courage and resilience in helping some of the most vulnerable, day in and day out.

Eligibility for Several Essential Worker Categories

including current or retired law enforcement officers, educators, health care workers, firefighters and other first responders, veterans or active-duty members of the U.S. military or their surviving spouse, and COVID-related essential workers2

Your customized mortgage program includes the following:

Lock with Percentage class=”wrapper”>

Discounted Rate

to lower your monthly payment

Payment/Loan/Bill Pay class=”wrapper”>

Up to 100% Financing

means less upfront funding needed

Money Bag class=”wrapper”>

Loans to $750,000

to increase your home affordability

Growth class=”wrapper”>

Combined Loan-to-Value (LTV) Ratios to 105%

to allow for Grant Program funds

Store Front class=”wrapper”>

In-House Service

from our experienced mortgage professionals

House class=”wrapper”>

Primary Residence Eligibility

make your house a home

Shield class=”wrapper”>

Private Mortgage Insurance

required for loans 90% LTV or greater

Giving class=”wrapper”>

Credit Union Difference

we care for you like you care for others

What to expect from beginning to end

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.

Learn more about the Lafayette Federal mortgage process, and how we help you finance a home loan from beginning to end.

The Lafayette Federal mortgage process

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

1 class=”wrapper”>

Compare loan programs, rates and terms

Our team will work with you to weigh your options, consider different terms, and find the perfect rate so you can get the best deal possible.

2 class=”wrapper”>

Apply for a loan

Conveniently complete your mortgage application online with the help of one of our Mortgage Loan Officers.

3 class=”wrapper”>

Provide supporting documents

Gather all the documentation needed including tax documents, income statements, and more so we can successfully process your application.

4 class=”wrapper”>

Get pre-approved

Once you’re pre-approved, you’re halfway there! We’ll confirm how much home you can afford.

5 class=”wrapper”>

Lock in your rate and get final approval

Our team will work with you to find the best rate long-term, and you’ll get final approval.

6 class=”wrapper”>

We provide final loan documents for review

We’ll prepare all the loan documents so you can sign on the dotted line and head towards closing on your new home!

7 class=”wrapper”>

Close on your home

Congratulations! It’s closing time and it’s time to open the door to your new home.

8 class=”wrapper”>

Enjoy your happy place

Make your house a home with a fresh coat of paint or upgraded kitchen appliances. After all, it’s yours! And remember that we’re here to help you with any home improvement or upgrades you’d like to make in the future.

family playing at home

Earn thousands in Cash Rewards with Lafayette Federal’s HomeAdvantage.

Take advantage of our free member service that can help you buy, sell, and save on your next home.

Start Earning

Our members say the nicest things.

Lafayette Federal has been my trusted credit union for the last 34 years, providing for me while I served both overseas and here in the United States! You have helped me to plan for the future, finance mortgages, fund my business start-up, and save for retirement. Thanks for being my bedrock as I now look forward to enjoying this next phase of my life!

Brian R. Member for 34 Years

Meet our mortgage team.

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. We’re always just a call or email away!

Home financing advice

Explore our blog for resources on the home buying process, practical advice, and tips for securing a mortgage that works for you and your family.

mortgage scams

Unveiling Mortgage Scams: Safeguarding your investment.

Having your home or other property stolen out from under you may seem highly unlikely to most people, but mortgage-related scams and fraud have become more sophisticated recently mainly because so many real estate transactions now take place entirely online. Let’s be clear – it is possible to buy or sell a piece of property…

Read more

HELOC Hacks: Secrets to leveraging your home’s equity.

One great benefit of being a homeowner is the access you have to equity. Equity in a home refers to the portion of your home’s value that you own free and clear. This simplified calculation can help you see how much equity you have in your property: Home Equity = Current Market Value of Your…

Read more
HELOC Home Addition

Unlocking Your Home’s Equity: How a HELOC can boost your wealth.

If you’re a homeowner, your home may just be your most valuable asset. Your home can be a fruitful means to growing your wealth — the amount of time and care that you invest into it can reward you and your family for years to come. Fortunately, the amount of money you’ve paid towards your…

Read more

Ready to apply for an Essential Worker Mortgage?

Get started
Schedule a meeting
Stop by one of our branches
Find your closest branch
Get in touch
Contact us


Equal Housing Lender. NMLS#: 464425

Equal Housing Lender

1Offer applies to a 5/5 Adjustable Rate Mortgage (ARM) only. 2Lafayette Federal Credit Union employees, family members, and volunteers, in addition to employees of other financial institutions, are excluded from offer. Other restrictions may apply. Must be eligible for membership. $50 minimum balance required to open and earn 0.10% APY (APY = Annual Percentage Yield) on Lafayette Federal share savings account balances. $5 minimum balance required to open and earn 2.04% APY on LFCU checking account balances up to $25,000 and 0.025% APY on checking balances over $25,000. Please visit LFCU.ORG/2For22 for full checking account requirements. Rates current as of March 1, 2023 and 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. Lafayette Federal Credit Union is an equal housing lender. NMLS# 464425.