Loans that put your first home within reach
We offer affordable loan options, resources, and one-on-one guidance designed to help first-time buyers make homeownership a reality.
Estimate your mortgage payment
Use Lighthouse’s mortgage payment calculator to quickly estimate your total mortgage payment including principal and interest, plus estimates for PMI, property taxes, home insurance and HOA fees.
✝ Principal & Interest. Your mortgage principal is the total amount you’ve borrowed from a lender to buy a home. Interest is the fee lenders charge you for borrowing their money; usually, an annual percentage rate.
*The figures provided by this mortgage calculator are for illustrative purposes only. Actual interest rates, loan terms and monthly payments may vary based on market conditions, loan characteristics, and other factors. Estimates are based on the information you enter and may not include all fees or charges. When down payment percentage entered is less than 20%, this tool assumes a Private Mortgage Insurance (PMI) rate of 1% of the loan which is subject to change. Always consult with our qualified mortgage team to obtain loan details tailored to your specific situation.
Building or buying—there’s a loan for you
Your first home is within reach. Find competitive rates, save with low closing costs, and navigate it all with focused, personal guidance.
HLPR Loan3
No PMI and low-down payment gets you into your home sooner.
- Designed for first-time homebuyers
- Reduced closing costs
- Low down payment
- No PMI
- Lower Interest Rate than traditional ARM
- Competitive alternative to USDA RD loans
Home 97 Loan1
Put as little as 3% down
- Low down payment
- Fixed and adjustable-rate options available
- Competitive alternative to FHA loans with potentially lower mortgage insurance costs over time
Home 100 Loan1
No down payment and up to 100% financing.
- Gifted closing costs accepted
- 100% financing with qualifying credit
- Fixed and adjustable-rate options available
- Competitive alternative to USDA RD loans
Conventional Loans1
Consistent monthly payments on your terms2
- Single, fixed rate
- No PMI
- Up to 95% financing
- Flexible terms options including 30-YR, 20-YR, and 15-YR
- JUMBO loans available
Construction Loans2
Finance up to 95% of your property’s value.
- Available for single and multi-family homes
- Interest-only payments during construction
- Pay off an existing land loan or finance new construction
- Fixed and adjustable-rate options available
Adjustable Rate Mortgages3
- Lower initial interest rate
- Flexible terms available including 3/1, 5/1, 7/1, and 10/1
Pre-approval is the first step
Getting pre-approved means a lender has reviewed your finances and determined how much you can borrow, giving you a clear budget and competitive edge in offers. A full loan application happens after your offer has been accepted.
Looking for a government loan?
While FHA, VA, or USDA loans can have lower down payments, they often involve stricter property requirements and longer processing times. Our HLPR, HOME 97 and HOME 100 loans often offer faster processing times and more flexible terms to get you into your home faster.
Ask your lender these essentials
- What are the current rates and what fees can I expect?
- Which loan product is best suited for my needs?
- What are the down payment requirements and estimated closing costs?
- What documents do I need to get pre-approved?
- How long will the loan process take?
Mortgage Rates
Current interest rates
| Loan Type | Rate Type | Interest Rate | Points | APR |
|---|---|---|---|---|
| 15-Year Fixed (Conventional) | Fixed | 5.875% | 2.00 | 6.529% |
| 15-Year Fixed (Conventional) | Fixed | 6.000% | 1.00 | 6.493% |
| 15-Year Fixed (Conventional) | Fixed | 6.125% | 0.00 | 6.459% |
| 30-Year Fixed (Conventional) | Fixed | 6.750% | 2.00 | 7.169% |
| 30-Year Fixed (Conventional) | Fixed | 6.875% | 1.00 | 7.194% |
| 30-Year Fixed (Conventional) | Fixed | 7.000% | 0.00 | 7.219% |
| 20-Year Fixed (Conventional) | Fixed | 6.375% | 2.00 | 6.910% |
| 20-Year Fixed (Conventional) | Fixed | 6.500% | 1.00 | 6.906% |
| 20-Year Fixed (Conventional) | Fixed | 6.625% | 0.00 | 6.901% |
| 30-Year Fixed Home 97 | Fixed | 6.750% | 2.00 | 7.169% |
| 30-Year Fixed Home 97 | Fixed | 6.875% | 1.00 | 7.194% |
| 30-Year Fixed Home 97 | Fixed | 7.000% | 0.00 | 7.219% |
| 30-Year Fixed Home 100 | Fixed | 6.750% | 2.00 | 7.169% |
| 30-Year Fixed Home 100 | Fixed | 6.875% | 1.00 | 7.194% |
| 30-Year Fixed Home 100 | Fixed | 7.000% | 0.00 | 7.219% |
| 15-Year Fixed Jumbo | Fixed | 5.875% | 2.00 | 6.305% |
| 15-Year Fixed Jumbo | Fixed | 6.000% | 1.00 | 6.272% |
| 15-Year Fixed Jumbo | Fixed | 6.125% | 0.00 | 6.240% |
| 30-Year Fixed Jumbo | Fixed | 6.750% | 2.00 | 7.028% |
| 30-Year Fixed Jumbo | Fixed | 6.875% | 1.00 | 7.054% |
| 30-Year Fixed Jumbo | Fixed | 7.000% | 0.00 | 7.080% |
| 3/1 Year ARM (Conforming) | Variable | 5.750% | 2.00 | 7.216% |
| 3/1 Year ARM (Conforming) | Variable | 5.875% | 1.00 | 7.158% |
| 3/1 Year ARM (Conforming) | Variable | 6.000% | 0.00 | 7.101% |
| 5/1 Year ARM (Conforming) | Variable | 5.875% | 2.00 | 7.070% |
| 5/1 Year ARM (Conforming) | Variable | 6.000% | 1.00 | 7.030% |
| 5/1 Year ARM (Conforming) | Variable | 6.125% | 0.00 | 6.990% |
| Home 97 5/1 Year ARM | Variable | 5.875% | 2.00 | 7.070% |
| Home 97 5/1 Year ARM | Variable | 6.000% | 1.00 | 7.030% |
| Home 97 5/1 Year ARM | Variable | 6.125% | 0.00 | 6.990% |
| 7/1 Year ARM (Conforming) | Variable | 6.125% | 2.00 | 7.006% |
| 7/1 Year ARM (Conforming) | Variable | 6.250% | 1.00 | 6.973% |
| 7/1 Year ARM (Conforming) | Variable | 6.375% | 0.00 | 6.940% |
| 10/1 Year ARM (Conforming) | Variable | 6.250% | 2.00 | 6.945% |
| 10/1 Year ARM (Conforming) | Variable | 6.375% | 1.00 | 6.930% |
| 10/1 Year ARM (Conforming) | Variable | 6.500% | 0.00 | 6.916% |
| Home 100 10/1 Year ARM | Variable | 6.250% | 2.00 | 6.945% |
| Home 100 10/1 Year ARM | Variable | 6.375% | 1.00 | 6.930% |
| Home 100 10/1 Year ARM | Variable | 6.500% | 0.00 | 6.916% |
| Home 100 7/1 Year ARM | Variable | 6.125% | 2.00 | 7.006% |
| Home 100 7/1 Year ARM | Variable | 6.250% | 1.00 | 6.973% |
| Home 100 7/1 Year ARM | Variable | 6.375% | 0.00 | 6.940% |
| Home 97 10/1 Year ARM | Variable | 6.250% | 2.00 | 6.945% |
| Home 97 10/1 Year ARM | Variable | 6.375% | 1.00 | 6.930% |
| Home 97 10/1 Year ARM | Variable | 6.500% | 0.00 | 6.916% |
| Home 97 7/1 Year ARM | Variable | 6.125% | 2.00 | 7.006% |
| Home 97 7/1 Year ARM | Variable | 6.250% | 1.00 | 6.973% |
| Home 97 7/1 Year ARM | Variable | 6.375% | 0.00 | 6.940% |
| HLPR (3/1 Year ARM) | Variable | 5.125% | 0.00 | 6.431% |
| 1/1 Arm Land Loan | Variable | 10.000% | 0.00 | 10.536% |
Effective date: June 05, 2025
General Mortgage Disclosure1
Annual Percentage Rate (APR) shown is the lowest rate offered, including discounts and based on credit score. Rates are subject to change without notice.
Annual Percentage Rate (APR) is accurate as of the date shown above. We do business in accordance with the Federal Fair Housing Law and the Equal Credit Opportunity Act.
Rates shown are for informational purposes only. No rate is guaranteed. Certain rate and/point adjustments may apply depending on loan features and borrower’s credit worthiness. Escrow for Real Estate taxes may be required which would increase your monthly mortgage payment. Property Insurance is required and Flood Insurance may be required. Other fees may be assessed, as applicable. Closing costs may apply. All mortgages are subject to credit approval.
All rates, terms and conditions are subject to change daily and without notice. They can only be guaranteed by our Mortgage Department. For more information, please call a Mortgage Specialist at 888-436-1847.
Fixed Rate Mortgage Disclosure2
All rates assume 80% financing with a 20% down payment. For a 1-4 family owner occupied residence, condo, or mobile home on its own land; and one-unit second homes. Loan approval is based on creditworthiness, amount financed, and ability to repay. Loans with a down payment less than 20% require mortgage insurance which could increase the monthly payment and Annual Percentage Rate.
Please refer as well, to the general disclosure found in the section above.
ARM Disclosure3
3/1, 5/1, 7/1 & 10/1 Adjustable Rate Mortgage (ARM)
Loan approval, interest rate, and down payment required based on creditworthiness amount financed, and ability to repay. Loans with a down payment less than 20% require mortgage insurance which could increase the monthly payment and Annual Percentage Rate. Escrow for Real Estate taxes may be required which would increase your monthly mortgage payment. Property Insurance is required and flood insurance may be required. Other fees may be assessed, as applicable.
The index for all Adjustable Rate Mortgages is the weekly average of the U.S. Treasury securities for the applicable term. The interest rate on the ARMs will adjust periodically and that may result in an increase of the interest rate after closing. Rates, terms, and conditions are subject to change.
The 3/1 ARM offers a fixed rate for 3 years and adjusts to a 1-year ARM after that period. The interest rate and monthly payment may adjust annually based on the 1-year U.S. Treasury, plus a margin of 3 percentage points. Caps are 2% annual and 6% lifetime.
The 5/1 ARM offers a fixed rate for 5 years and adjusts to a 1-year ARM after that period. The interest rate and monthly payment may adjust annually based on the 1-year U.S. Treasury, plus a margin of 3 percentage points. Caps are 2% annual and 6% lifetime.
The 7/1 ARM offers a fixed rate for 7 years and adjusts to a 1- year ARM after that period. The interest rate and monthly payment may adjust annually based on the 1 year U.S. Treasury, plus a margin of 3 percentage points. Caps are 5% initial, 2% annual and 5% for the lifetime cap.
The 10/1 ARM offers a fixed rate for 10 years and adjusts to a 1-year ARM after that period. The interest rate and monthly payment may adjust annually based on the 1 year U.S. Treasury, plus a margin of 3 percentage points. Caps are 5% initial, 2% annual and 5% for the lifetime cap.
For 1 – 4 family owner-occupied residence, condo or mobile home on its own land; and one-unit second homes.
***HLPR 3/1 Adjustable Rate Mortgage (ARM)3
Home-buyers at or below the median income levels with exceptions for underserved areas. Escrows for Real Estate Taxes and Insurance is required. Minimum of one consumer credit counseling consultation required to underscore member’s financial preparedness. Renewal rate (4th year) based upon one-year Treasury constant maturity, plus a margin added of 2.75%. This is subject 1% maximum annual cap and a 5% lifetime cap from the original rate at inception of the loan. The initial 3-year rate will be set weekly by Lighthouse Federal Credit Union, reflecting a discount from the national average of 3/1 ARM programs. Property Insurance is required and flood insurance may be required. Closing costs may apply if the loan is paid off within the first three years of consummation. Certain restrictions do apply. For a 1-2 family owner-occupied residence, condo, or mobile home on its own land. For purchases only.
1/1 Land Loan (ARM)
The 1/1 Land Loan ARM offers a fixed rate for 1 year and adjusts to a 1-year ARM after that period. The interest rate and monthly payment may adjust annually based on the 1-year U.S Treasury, plus a margin of 6 percentage Points. Caps are 2% annual and 6% lifetime.