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 Loan
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 our traditional ARM
- Competitive alternative to other first-time homebuyer loans
Home 97 Loan
Put as little as 3% down.
- Low down payment
- Fixed and adjustable-rate options available
- Competitive private mortgage insurance (PMI) costs
Home 100 Loan
No down payment and financing up to 100% of the home’s value.
- Gifted closing costs accepted
- Financing up to 100% of the home’s value with qualifying credit
- Fixed and adjustable-rate options available
- Competitive alternative to other first-time homebuyer loans
Conventional Loans
Consistent monthly payments on your terms.
- Single, fixed rate
- Up to 95% financing
- Choose the loan duration that’s right for you with flexible terms options
- Jumbo loans available
Construction Loans
Finance up to 95% of the 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 Mortgages
- Lower initial payment than our fixed rate mortgage
- Flexible terms available
- Interest rate and monthly principal & interest payments are fixed for an initial period of time, afterwards the rate and payment will adjust
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.
Fast and flexible
Our HLPR, HOME 97 and HOME 100 loans often offer competitive processing times and flexible terms to get you into your home more quickly.
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 | APR1 |
|---|---|---|---|---|
| 15-Year Fixed (Conventional) | Fixed | 6.250% | 0.00 | 6.587% |
| 30-Year Fixed (Conventional) | Fixed | 6.875% | 0.00 | 7.091% |
| 20-Year Fixed (Conventional) | Fixed | 6.500% | 0.00 | 6.774% |
| 30-Year Fixed Home 97 | Fixed | 6.875% | 0.00 | 7.091% |
| 30-Year Fixed Home 100 | Fixed | 6.875% | 0.00 | 7.091% |
| 15-Year Fixed Jumbo | Fixed | 6.250% | 0.00 | 6.367% |
| 30-Year Fixed Jumbo | Fixed | 6.875% | 0.00 | 6.953% |
| 3/1 Year ARM (Conforming) | Variable | 5.875% | 0.00 | 7.058% |
| 5/1 Year ARM (Conforming) | Variable | 6.000% | 0.00 | 6.931% |
| Home 97 5/1 Year ARM | Variable | 6.000% | 0.00 | 6.931% |
| 7/1 Year ARM (Conforming) | Variable | 6.250% | 0.00 | 6.874% |
| 10/1 Year ARM (Conforming) | Variable | 6.375% | 0.00 | 6.831% |
| Home 100 10/1 Year ARM | Variable | 6.375% | 0.00 | 6.831% |
| Home 100 7/1 Year ARM | Variable | 6.250% | 0.00 | 6.874% |
| Home 97 10/1 Year ARM | Variable | 6.375% | 0.00 | 6.831% |
| Home 97 7/1 Year ARM | Variable | 6.250% | 0.00 | 6.874% |
| HLPR (3/1 Year ARM) | Variable | 5.000% | 0.00 | 6.382% |
| 1/1 Arm Land Loan | Variable | 9.875% | 0.00 | 10.512% |
Effective date: August 04, 2025
1. DISCLOSURES
General Mortgage Disclosure
Annual Percentage Rate (APR) shown is the lowest rate offered, including discounts and based on credit score. Rates are subject to change without notice.
All mortgages are subject to credit approval. All rates, terms and conditions are subject to change daily and without notice and no rate is guaranteed. For more information, please call a Mortgage Specialist at 888-436-1847.
Any interest on the portion of the credit extension that is greater than the fair market value of the dwelling is not tax deductible for Federal income tax purposes. Please consult a tax adviser for further information regarding the deductibility of interest and charges.
Escrows for real estate taxes and flood insurance (when applicable) are required. Property insurance is required and flood insurance may be required. Standard closing costs apply.
At this time we offer mortgage lending in Maine, New Hampshire, Vermont, and Massachusetts.
PAYMENT EXAMPLES
30-Year Fixed Mortgage Loan with $100,000 loan amount and 6.750% interest rate and annual percentage rate of 6.963% will have a monthly principal and interest payment of $648.60. The APR in the payment example was effective on July 7, 2025. The current APR may be different than the APR used in the payment example. This payment example is applicable to the 30-Year Fixed Conventional Loan, 30-Year Fixed Home 97, 30-Year Fixed Home 100, and the 30-Year Fixed Jumbo Loan and doesn’t include property taxes or homeowner’s insurance, so the monthly payment will be greater. APR is subject to change, terms and conditions apply.
20-Year Fixed Mortgage Loan with $100,000 loan amount and 6.375% interest rate and annual percentage rate of 6.646% will have a monthly principal and interest payment of $738.23. The APR in the payment example was effective on July 7, 2025. The current APR may be different than the APR used in the payment example. This payment example is applicable to the 20-Year Conventional Loan and doesn’t include property taxes or homeowner’s insurance, so the monthly payment will be greater. APR is subject to change, terms and conditions apply.
15-Year Fixed Mortgage Loan with $100,000 loan amount and 6.000% interest rate and annual percentage rate of 6.331% will have a monthly principal and interest payment of $843.86. The APR in the payment example was effective on July 7, 2025. The current APR may be different than the APR used in the payment example. This payment example is applicable to the 15-Year Fixed Conventional Loan and the 15-Year Fixed Jumbo Loan and doesn’t include property taxes or homeowner’s insurance, so the monthly payment will be greater. APR is subject to change, terms and conditions apply.
Fixed Rate Mortgage Disclosure
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 to the general disclosure found in the section above.
ARM Disclosure
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. APR may increase after consummation of ARM products. Please refer to the general disclosure found in the section above.
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.
A 3/1 Adjustable Rate Mortgage (ARM) offers a fixed interest rate and monthly payment for the first 3 years. After that, your rate can adjust once a year based on changes in the 1-year U.S. Treasury rate, plus a 3% margin. Your rate won’t go up more than 2% per year—or more than 6% over the life of the loan.
A 5/1 Adjustable Rate Mortgage (ARM) offers a fixed interest rate and monthly payment for the first 5 years. After that, your rate can adjust once a year based on changes in the 1-year U.S. Treasury rate, plus a 3% margin. Your rate won’t go up more than 2% per year—or more than 6% over the life of the loan.
A 7/1 Adjustable Rate Mortgage (ARM) offers a fixed interest rate and monthly payment for the first 7 years. After that, your rate may adjust once per year based on the current 1-year U.S. Treasury rate plus a 3% margin. Your rate increases are limited—or “capped”—at 5% the first time it adjusts, no more than 2% each year after, and no more than 5% total over the life of the loan.
A 10/1 Adjustable Rate Mortgage (ARM) offers a fixed interest rate and monthly payment for the first 10 years. After that, your rate may adjust once per year based on the current 1-year U.S. Treasury rate plus a 3% margin. Your rate increases are limited—or “capped”—at 5% the first time it adjusts, no more than 2% each year after, and no more than 5% total over the life of the loan.
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)
This loan program is available to first-time homebuyers with household incomes at or below the area median, with additional eligibility for certain underserved communities. Escrow for property taxes and insurance is required, and flood insurance if applicable. A minimum of one financial counseling session is required to support buyer readiness. The loan features a fixed rate for the first 3 years. Beginning in year four, the interest rate adjusts annually based on the 1-year U.S. Treasury constant maturity rate plus a 2.75% margin, subject to a maximum increase of 1% per year and 5% lifetime cap over the initial rate. This loan is available for the purchase of 1 – 2 family owner-occupied homes, condominiums, or mobile homes on owned land. Lender-paid closing costs must be reimbursed if the loan is paid in full within the first three years. Purchase transactions only; other restrictions may apply.
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. Your rate won’t go up more than 2% annually and 6% total over the life of the loan.