First-Time Homebuyer Program

Avoid Paying PMI!

Not many first-time homebuyers know this, but they’re often required to pay Private Mortgage Insurance (PMI), a condition that protects the lender if you default on your mortgage loan. This monthly expense is often hidden and can cost thousands of dollars!

Apply Online  Mortgage Rates

Exclusive Benefits

Your dream home needs a dream mortgage! With a 10% down payment, you become eligible for LSB’s First-Time Homebuyer Program that helps you save BIG!

  • No Lender Fees 
  • No Private Mortgage Insurance 
  • Low Mortgage Rates
  • Interest Rate Float Down

Reduce the Stress of Buying Your First Home

The journey to buy your first home should be an exciting experience that isn’t clouded by uncertainty. LSB has made the application process smooth and frictionless. You’ll have access to:

  • Local Loan Specialists are salaried employees focused on creating relationships for generations and aren’t distracted by quotas and commissions. Honesty and transparency matter!
  • Pre-Approvals to tell you how much you can borrow
  • An Online Application that’s easy to complete.
  • Financial Calculators to inform and guide your decisions
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Title Token Key Token Value
Loan to Value Ratio - 81-90% - 10 Year Rate {{LTV_8190_10year_rate}} 5.125
Loan to Value Ratio - 81-90% - 10 Year APR {{LTV_8190_10year_apr}} 5.377
Loan to Value Ratio - 81-90% - 10 Year Payment Example {{LTV_8190_10year_pmt}} 1,760.18
Loan to Value Ratio - 81-90% - 10 Year Points {{LTV_8190_10year_points}} 0
Loan to Value Ratio - 81-90% - 15 Year Rate {{LTV_8190_15year_rate}} 5.250
Loan to Value Ratio - 81-90% - 15 Year APR {{LTV_8190_15year_apr}} 5.429
Loan to Value Ratio - 81-90% - 15 Year Points {{LTV_8190_15year_points}} 0
Loan to Value Ratio - 81-90% - 15 Year Payment Example {{LTV_8190_15year_pmt}} 1,326.40
Loan to Value Ratio - 81-90% - 20 Year Rate {{LTV_8190_20year_rate}} 5.750
Loan to Value Ratio - 81-90% - 20 Year APR {{LTV_8190_20year_apr}} 5.899
Loan to Value Ratio - 81-90% - 20 Year Points {{LTV_8190_20year_points}} 0
Loan to Value Ratio - 81-90% - 20 Year Payment Example {{LTV_8190_20year_pmt}} 1,158.44
Loan to Value Ratio - 81-90% - 25 Year Rate {{LTV_8190_25year_rate}} 5.875
Loan to Value Ratio - 81-90% - 25 Year APR {{LTV_8190_25year_apr}} 6.003
Loan to Value Ratio - 81-90% - 25 Year Points {{LTV_8190_25year_points}} 0
Loan to Value Ratio - 81-90% - 25 Year Payment Example {{LTV_8190_25year_pmt}} 1,050.53
Loan to Value Ratio - 81-90% - 30 Year Rate {{LTV_8190_30year_rate}} 6.000
Loan to Value Ratio - 81-90% - 30 Year APR {{LTV_8190_30year_apr}} 6.115
Loan to Value Ratio - 81-90% - 30 Year Points {{LTV_8190_30year_points}} 0
Loan to Value Ratio - 81-90% - 30 Year Payment Example {{LTV_8190_30year_pmt}} 989.26
Loan to Value Ratio - 71-80% - 10 Year Rate {{LTV_7180_10year_rate}} 5.000
Loan to Value Ratio - 71-80% - 10 Year APR {{LTV_7180_10year_apr}} 5.249
Loan to Value Ratio - 71-80% - 10 Year Points {{LTV_7180_10year_points}} 0
Loan to Value Ratio - 71-80% - 10 Year Payment Example {{LTV_7180_10year_pmt}} 1,750.08
Loan to Value Ratio - 71-80% - 15 Year Rate {{LTV_7180_15year_rate}} 5.125
Loan to Value Ratio - 71-80% - 15 Year APR {{LTV_7180_15year_apr}} 5.301
Loan to Value Ratio - 71-80% - 15 Year Points {{LTV_7180_15year_points}} 0
Loan to Value Ratio - 71-80% - 15 Year Payment Example {{LTV_7180_15year_pmt}} 1,315.58
Loan to Value Ratio - 71-80% - 20 Year Rate {{LTV_7180_20year_rate}} 5.625
Loan to Value Ratio - 71-80% - 20 Year APR {{LTV_7180_20year_apr}} 5.772
Loan to Value Ratio - 71-80% - 20 Year Points {{LTV_7180_20year_points}} 0
Loan to Value Ratio - 71-80% - 20 Year Payment Example {{LTV_7180_20year_pmt}} 1,146.69
Loan to Value Ratio - 71-80% - 25 Year Rate {{LTV_7180_25year_rate}} 5.750
Loan to Value Ratio - 71-80% - 25 Year APR {{LTV_7180_25year_apr}} 5.876
Loan to Value Ratio - 71-80% - 25 Year Points {{LTV_7180_25year_points}} 0
Loan to Value Ratio - 71-80% - 25 Year Payment Example {{LTV_7180_25year_pmt}} 1,038.03
Loan to Value Ratio - 71-80% - 30 Year Rate {{LTV_7180_30year_rate}} 5.875
Loan to Value Ratio - 71-80% - 30 Year APR {{LTV_7180_30year_apr}} 5.988
Loan to Value Ratio - 71-80% - 30 Year Points {{LTV_7180_30year_points}} 0
Loan to Value Ratio - 71-80% - 30 Year Payment Example {{LTV_7180_30year_pmt}} 976.04
Loan to Value Ratio - 61-70% - 10 Year Rate {{LTV_6170_10year_rate}} 4.875
Loan to Value Ratio - 61-70% - 10 Year APR {{LTV_6170_10year_apr}} 5.121
Loan to Value Ratio - 61-70% - 10 Year Points {{LTV_6170_10year_points}} 0
Loan to Value Ratio - 61-70% - 10 Year Payment Value {{LTV_6170_10year_pmt}} 1,740.02
Loan to Value Ratio - 61-70% - 15 Year Rate {{LTV_6170_15year_rate}} 5.000
Loan to Value Ratio - 61-70% - 15 Year APR {{LTV_6170_15year_apr}} 5.174
Loan to Value Ratio - 61-70% - 15 Year Points {{LTV_6170_15year_points}} 0
Loan to Value Ratio - 61-70% - 15 Year Payment Example {{LTV_6170_15year_pmt}} 1,304.81
Loan to Value Ratio - 61-70% - 20 Year Rate {{LTV_6170_20year_rate}} 5.500
Loan to Value Ratio - 61-70% - 20 Year APR {{LTV_6170_20year_apr}} 5.645
Loan to Value Ratio - 61-70% - 20 Year Points {{LTV_6170_20year_points}} 0
Loan to Value Ratio - 61-70% - 20 Year Payment Example {{LTV_6170_20year_pmt}} 1,135.01
Loan to Value Ratio - 61-70% - 25 Year Rate {{LTV_6170_25year_rate}} 5.625
Loan to Value Ratio - 61-70% - 25 Year APR {{LTV_6170_25year_apr}} 5.749
Loan to Value Ratio - 61-70% - 25 Year Points {{LTV_6170_25year_points}} 0
Loan to Value Ratio - 61-70% - 25 Year Payment Example {{LTV_6170_25year_pmt}} 1,025.60
Loan to Value Ratio - 61-70% - 30 Year Rate {{LTV_6170_30year_rate}} 5.750
Loan to Value Ratio - 61-70% - 30 Year APR {{LTV_6170_30year_apr}} 5.861
Loan to Value Ratio - 61-70% - 30 Year Points {{LTV_6170_30year_points}} 0
Loan to Value Ratio - 61-70% - 30 Year Payment Example {{LTV_6170_30year_pmt}} 962.90
Loan to Value Ratio - 60% and Below - 10 Year Rate {{LTV_60_10year_rate}} 4.750
Loan to Value Ratio - 60% and Below - 10 Year APR {{LTV_60_10year_apr}} 4.993
Loan to Value Ratio - 60% and Below - 10 Year Points {{LTV_60_10year_points}} 0
Loan to Value Ratio - 60% and Below - 10 Year Payment Example {{LTV_60_10year_pmt}} 1,729.99
Loan to Value Ratio - 60% and Below - 15 Year Rate {{LTV_60_15year_rate}} 4.875
Loan to Value Ratio - 60% and Below - 15 Year APR {{LTV_60_15year_apr}} 5.047
Loan to Value Ratio - 60% and Below - 15 Year Points {{LTV_60_15year_points}} 0
Loan to Value Ratio - 60% and Below - 15 Year Payment Example {{LTV_60_15year_pmt}} 1,294.09
Loan to Value Ratio - 60% and Below - 20 Year Rate {{LTV_60_20year_rate}} 5.375
Loan to Value Ratio - 60% and Below - 20 Year APR {{LTV_60_20year_apr}} 5.518
Loan to Value Ratio - 60% and Below - 20 Year Points {{LTV_60_20year_points}} 0
Loan to Value Ratio - 60% and Below - 20 Year Payment Example {{LTV_60_20year_pmt}} 1,123.40
Loan to Value Ratio - 60% and Below - 25 Year Rate {{LTV_60_25year_rate}} 5.500
Loan to Value Ratio - 60% and Below - 25 Year APR {{LTV_60_25year_apr}} 5.622
Loan to Value Ratio - 60% and Below - 25 Year Points {{LTV_60_25year_points}} 0
Loan to Value Ratio - 60% and Below - 25 Year Payment Example {{LTV_60_25year_pmt}} 1,013.24
Loan to Value Ratio - 60% and Below - 30 Year Rate {{LTV_60_30year_rate}} 5.625
Loan to Value Ratio - 60% and Below - 30 Year APR {{LTV_60_30year_apr}} 5.734
Loan to Value Ratio - 60% and Below - 30 Year Points {{LTV_60_30year_points}} 0
Loan to Value Ratio - 60% and Below - 30 Year Payment Example {{LTV_60_30year_pmt}} 949.83
Refinance APR Fees {{Refinance_APR_Fees}} 1,134.25
Purchase APR Fees {{Purchase_APR_Fees}} 2,102.00
First Time Home Buyer APR Fees {{FTHB_APR_Fees}} 1,452
First Time Home Owner Refinance APR Fees {{FTHO_Fefi_APR_Fees}} 539.25
Odd Day Interest {{Odd_Day_Interest}} 1,595.00
Purchase Rate Adjustor {{Purchase_Rate_Adjustor}} 0
First Time Home Buyer Rate Adjustor {{FTHB_Rate_Adjustor}} 0
Refinance Rate Adjustor {{Refi_Rate_Adjustor}} .125
Interest Checking - Rate {{checking_interest_rate}} 0.05
Interest Checking - APY {{checking_interest_apy}} 0.05
Gold 50 Checking - Rate {{checking_gold50_rate}} 0.10
Gold 50 Checking - APY {{checking_gold50_apy}} 0.10
Premium Checking - Rate {{checking_premium_rate}} 0.15
Premium Checking - APY {{checking_premium_apy}} 0.15
Home Business Checking - Rate {{checking_home_business_rate}} 0.05
Home Business Checking - APY {{checking_home_business_apy}} 0.05
E - Savings - $0.01 to $49,999 - Rate {{savings_esavings_49999_rate}} 0.75
E Savings - $0.01 to $49,999 - APY {{savings_esavings_49999_apy}} 0.75
E Savings - $50,000 and Over - Rate {{savings_esavings_50000_rate}} 0.90
E Savings - $50,000 and Over - APY {{savings_esavings_50000_apy}} 0.90
Statement Savings - Rate {{savings_statement_rate}} 0.70
Statement Savings - APY {{savings_statement_apy}} 0.70
Small Savers - Rate {{savers_small_rate}} 0.70
Small Savers - APY {{savers_small_apy}} 0.70
IRA Statement Savings - Rate {{savings_ira_statement_rate}} 0.70
IRA Statement Savings - APY {{savings_ira_statement_apy}} 0.70
Insured Money Market $0.01 to $49,999 - Rate {{moneymarket_49999_rate}} 0.60
Insured Money Market $0.01 to $49,999 - APY {{moneymarket_49999_apy}} 0.60
Insured Money Market $50,000 - $99,999 - Rate {{moneymarket_99999_rate}} 0.70
Insured Money Market $50,000 - $99,999 - APY {{moneymarket_99999_apy}} 0.70
Insured Money Market $100,000 - $199,999 - Rate {{moneymarket_199999_rate}} 0.80
Insured Money Market $100,000 - $199,999 - APY {{moneymarket_199999_apy}} 0.80
Insured Money Market $200,000 and Over - Rate {{moneymarket_200000_rate}} 0.90
Insured Money Market $200,000 and Over - APY {{moneymarket_200000_apy}} 0.90
6 Month CD - Rate {{cd_6mo_rate}} 0.45
6 Month CD - APY {{cd_6mo_apy}} 0.45
9 Month CD - Rate {{cd_9mo_rate}} 0.50
9 Month CD - APY {{cd_9mo_apy}} 0.50
12 Month CD - Rate {{cd_12mo_rate}} 0.55
12 Month CD - APY {{cd_12mo_apy}} 0.55
18 Month CD - Rate {{cd_18mo_rate}} 0.60
18 Month CD - APY {{cd_18mo_apy}} 0.60
24 Month CD - Rate {{cd_24mo_rate}} 0.65
24 Month CD - APY {{cd_24mo_apy}} 0.65
30 Month CD - Rate {{cd_30mo_rate}} 0.70
30 Month CD - APY {{cd_30mo_apy}} 0.70
42 Month CD - Rate {{cd_42mo_rate}} 0.75
42 Month CD - APY {{cd_42mo_apy}} 0.75
180 Days Jumbo CD - Rate {{cd_jumbo_180days_rate}} 0.50
180 Days Jumbo CD - APY {{cd_jumbo_180days_apy}} 0.50
365 Days Jumbo CD - Rate {{cd_jumbo_365days_rate}} 0.60
365 Days Jumbo CD - APY {{cd_jumbo_365days_apy}} 0.60
9 Month CD Special - Rate {{cd_9mo_special_rate}} .50
9 Month CD Special - APY {{cd_9mo_special_apy}} .50
13 Month CD Special - Rate {{cd_23mo_special_rate}} 3.83
13 Month CD Special - APY {{cd_23mo_special_apy}} 3.90
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