Our branches will be closing at 1 p.m. on Wednesday, December 24 to allow our staff to celebrate Christmas with their families. We will be closed on Thursday, December 25 and will resume normal business hours on Friday, December 26.
With a TRIMTM fixed-rate mortgage, you can float down/modify your rate, one time, during first 5 years of the mortgage term, at no cost!
Build your dream home. Renovate your fixer-upper. Expand your business. Finance your unique construction mortgage loan at LUSO Federal Credit Union.
View HELOC rates, auto loan rates and more.
1 Prime Rate: 6.750%. Annual Percentage Rate is based on a $100,000 loan amount, unless otherwise noted. Rate is variable. Fees vary and are due at application.
Home Equity Policy: Up to a maximum 90% Loan to Value (LTV). HELOC Policy: (10) Year Draw Period / (10) Year Repay Period. Exceptions to maximum amount are reviewed/approved by CEO based on member relationship. Certified appraisal required – appraisal fee paid by member; LFCU must retain the first position mortgage on HELOCs over 80% LTV or a CAP of $25,000 total HELOC amount applies; all fees covered by borrower on Home Equity loans outside the State of Massachusetts.
2APR: Annual Percentage Rate is based on a $150,000 loan amount. Rates are subject to increase after consummation/first adjustment. Down Payment Requirements: 20% down payment is required; less than a 20% down payment will require PMI Insurance; less than a 30% down payment will require real estate tax escrow.
3APR: Annual Percentage Rate is based on a $10,000 loan amount, unless otherwise noted. REQUIRED – $75 VSI insurance fee on all vehicle loans; $100 VSI insurance fee on commercial vehicle loans. Business vehicle annual percentage rates available upon request; rate is equal to 2.00% above quoted rates; term may be extended to a maximum of 10 years. GAP Insurance available.
