Liberty FCU makes home ownership surprisingly affordable
We offer numerous programs that can help you stop paying rent and start building equity in your new home! Options with zero to low down payments and first-time homebuyer programs!
Our most popular first-time homebuyer programs include:
USDA Rural Housing Loan
- $0 down – 100% financing available
- Small towns, suburbs, and exurbs of major cities qualify
- Competitive interest rates
FHA Loan
- Down payments as low as 3.5%
- More lenient requirements for income and credit history
- Gifts are allowed for down payment and closing costs
- Credit scores down to 620 with loan approval
- Non-occupant co-borrowers are allowed*
Simple Solutions
- Down payment as low as only 3%
- Lower closing costs than an FHA loan—potentially saving you thousands
- Available in multiple term options
- Available with 5/6, 7/6, and 10/6 adjustable rate mortgage (ARM) options
HomeOneSM
- At least one borrower must be a first-time homebuyer
- Requires a low down payment of 3%
- 30-year fixed rate
- No geographic or income restrictions
Contact us for a free consultation
Our mortgage experts excel at finding the best option for each member’s needs. Contact us or apply today!
What our members are saying
“The process of selecting the options that best suited my needs was simplified by the approach of the loan officers. I always appreciate how they spend as much time as needed to explain processes and answer questions. It makes it a stress free experience.”
Kristi Deetz ★★★★★
“Throughout the loan process everyone at Liberty FCU treated us with respect and was so professional. We feel the interest rate and the ease of auto pay are two things we definitely love about our home loan. We would definitely steer people we care about towards Liberty FCU for their banking needs.”
Rick Stinson ★★★★★
"Simple and very easy to apply, submit requirements and staff made it very convenient to schedule closing. Ease from start to finish!"
David Burke ★★★★★
"The customer service at Liberty FCU is superb. Everyone works as a team. The process was smooth and painless. I truly enjoy doing all of my banking with you."
Tracy Liebert ★★★★★
EXTRA CREDIT DISCOUNT
Pair your mortgage loan with your Liberty checking account and debit card and receive a 1/8% APR interest rate discount.1
PURCHASE PLUS
Receive up to a $500 gift card to spend anywhere on closing of your purchase or construction loan.2
PROGRAMS TO MEET ANY MORTGAGE NEED
Equal Housing Lender. NMLS# 518136. We do business in accordance with the Federal Fair Housing Law and Equal Credit Opportunity Act. Rate Match Guarantee available for new purchases and refinanced first mortgage loans of primary residences with conventional conforming financing. Certain product exclusions may apply. Offer valid only for lenders compared in a physical location within 50 miles of any Liberty FCU office. Good Faith Estimate (GFE) and Truth in Lending (TIL) Disclosure from competing lender must be dated and received within three calendar days prior to locking your interest rate at Liberty FCU. The terms of the competing loan must be identical to Liberty FCU’s loan. If the loan does not close within the commitment period, the rate match may be voided. This offer is subject to credit approval and may change or terminate without notice. Offer is not applicable to FHA and VA financing. Rate includes Extra Credit Mortgage discount. Contact a Liberty FCU mortgage loan officer for further details. Purchase Plus $500 Gift Card offer is available on conventional conforming financing of purchases for primary residences only; not available on FHA, USDA, and VA loan programs. Not valid in combination with any other offer. #1 mortgage lender claim based on 2016 Evansville mortgage market share. Loans are subject to credit review and approval. Closing costs may apply. A sample principal and interest payment on a thirty (30)-year $200,000 fixed rate loan amount with a 4.125% interest rate (4.192% APR) is $969.30. Taxes and insurance are not included; therefore, the actual payment obligation will be greater. Actual interest rate may vary based on credit history. Visit LibertyFCU.org/mortgagecalculator to calculate payments with other terms, balances, or rates. Liberty FCU mortgage lending product availability may vary based on property location. Liberty FCU mortgage lending product availability may vary based on property location.
1Discount available on conventional conforming financing of purchases for primary residences only. Offer available for new primary mortgage loans and mortgage loans already established at Liberty FCU when refinanced with at least $10,000 new money. Closing costs may apply. Liberty FCU verifies the past checking history of applicants with ChexSystems, a national consumer reporting network. Information obtained from the report could result in checking account denial. Certain product exclusions may apply. Contact a Liberty FCU mortgage loan officer for further details.
2Gift card offer is available on financing of purchase or construction loans for primary residences only. Purchase or construction loan amounts up to $149,999 will receive a $250 gift card. Purchase or construction loan amounts of $150,000 or greater will receive a $500 Gift Card. Not valid in combination with any other offer.