HOME IMPROVEMENT LOANS

General Loan 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.

APR (annual percentage rate) includes a 0.30% loan discount (example 5.99% – 0.30% = 5.69%). Loan discounts do not apply to credit cards, first mortgages, Interest-only HELOCs, CULA Leases, Electric Energy Efficiency, Share and Certificate secured, Commercial, ADU Home Renovation, and Impact loans.  A 0.10% discount will be applied to an eligible loan for each of the following qualifying three (3) factors: 1) Maintaining an open consumer checking account with a positive balance at least every thirty (30) days; 2) Maintaining an automatic payment established on the loan originating from a Lighthouse Credit Union account. Automatic payment must be established by contacting Lighthouse Credit Union; transfers set up in online or digital banking do not qualify; 3) Maintaining an active consumer credit card product. Active is defined as having transaction activity within the last ninety (90) days. If all qualifying factors are met, a total discount of up to 0.30% will be applied to the member’s base rate. Must request loan discount within ninety (90) days of the loan closing date. Discount conditions will be set forth in the Loan Discount Addendum. Must be a member of Lighthouse Credit Union with at least $5 in a Lighthouse Savings account.

No Equity Loan Disclosure

The terms of repayment, which reflects the repayment obligations over the full term of the loan. A payment example is 60 monthly payments of $21.60 per $1,000.00 borrowed. 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 No Equity 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.

Home Heating Loan Payment Example

$1,000 loan with a rate of 5.69% APR for 12 months. Monthly payment is approximately $86.44. Total finance charge is $31.17 (includes debt protection). 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. APR is subject to change, terms and conditions apply.

Energy Efficiency Loan Disclosure

Loan discounts do not apply to credit cards, first mortgages, Interest-only HELOCs, CULA Leases, Electric Energy Efficiency, Share and Certificate secured, Commercial, ADU Home Renovation, and Impact loans.  A 0.10% discount will be applied to an eligible loan for each of the following qualifying three (3) factors: 1) Maintaining an open consumer checking account with a positive balance at least every thirty (30) days; 2) Maintaining an automatic payment established on the loan originating from a Lighthouse Credit Union account. Automatic payment must be established by contacting Lighthouse Credit Union; transfers set up in online or digital banking do not qualify; 3) Maintaining an active consumer credit card product. Active is defined as having transaction activity within the last ninety (90) days. If all qualifying factors are met, a total discount of up to 0.30% will be applied to the member’s base rate. Must request loan discount within ninety (90) days of the loan closing date. Discount conditions will be set forth in the Loan Discount Addendum. Must be a member of Lighthouse Credit Union with at least $5 in a Lighthouse Savings account.

To start the process, please contact your utility provider to obtain approval before applying for financing. The EE Loan Authorization Form must be provided from the utility provider and signed off on. Checks will be made payable to the contractor listed on the EE form and the member. The Energy Efficiency Loan, open to customers participating in the Home Performance program available through your NHSaves utility partners, can be used for adding insulation, air sealing and other approved energy efficient updates to your home. The purchase or installation of solar panels is not covered by this program. Minimum loan amount is $1,000 with a maximum loan amount of $15,000. 0% rate is for Eversource customers only.; customers of all other NHSaves utility partners are eligible for an annual percentage rate of 2%. Maximum annual percentage rate for this product is 2%. Rates are set by the utility provider, not Lighthouse Federal Credit Union. This loan is not tied to the equity of the home. To start the process, please contact your utility provider to obtain approval before applying for financing. The EE Loan Authorization Form must be provided from the utility provider and signed off on. Checks will be made payable to the contractor listed on the EE form and the member. No other rate discounts apply.approval before applying for financing. The EE Loan Authorization Form must be provided from the utility provider and signed off on. Checks will be made payable to the contractor listed on the EE form and the member. No other rate discounts apply.