We offer first mortgage loans to our members for the purchase of a primary residence. Term options range from 5-30 years, and rates can be fixed or adjustable based on the market. Our loan specialists are here to help you analyze your options and determine which terms best fit your lifestyle. In-house closings typically happen in less than three weeks with low closing costs; so, you can get in your new home faster, with some extra cash for decorating.
Real estate loans are available for the following counties in East Tennessee: Blount, Claiborne, Cocke, Grainger, Greene, Hamblen, Hancock, Hawkins, Jefferson, Knox, Sevier, Sullivan, and Washington.
In addition, LCU offers second mortgages on primary residences. Loan amounts are available for up to 80% of the appraised value, less the balance of the first mortgage. All second mortgages are closed in-house with low closing costs and flexible terms. There are no limits to what you can do with the funds you receive.
Stop by any of our branches to get more information and get started!
Lowland Credit Union is an equal housing lender and will conduct business in accordance with the Federal Fair Housing Act. The credit union will not discriminate against any member on the basis of age, race, color, national origin, religion, sex, familial status or disability regarding loans for the purpose of purchasing, construction, moving, repairing or maintaining a dwelling. The credit union will comply with all other federal and state laws and regulations.