Exclusive Benefits

Now that you’ve settled into your first home, are you worried that you settled with a pricey mortgage? That’s OK! If you have at least 10% equity in your home, you become eligible for LSB’s First Time Homeowner Refinance Program.

• Low Closing Costs – LSB doesn’t charge any lender fees. We waive them all!
• Low Monthly Payment – You receive a low mortgage rate and don’t have to pay Private Mortgage Insurance (PMI). 

ADDITIONAL BENEFITS:

• Mortgage Rate Security – Don't stress about changing mortgage rates with our 75-day mortgage rate lock AND you'll be eligible for a free mortgage rate float down if mortgage rates decrease. Call for details. 
• Loan Modifications - While we offer great rates, there is still potential for them to decrease in the future and because we don't sell our loans, you are eligible to adjust the terms of your mortgage quicker and easier through our Loan Modification Program.
• Relationship Focused - As a portfolio lender, getting a mortgage with us is more like a partnership than a business deal. Our experienced team works to ensure you get a mortgage you can afford and if faced with a hardship, we'll be here to listen.
• Commission-Free - Our Loan Officers aren't commission-based or distracted by quotas. Instead, they are focused on creating Relationships for Generations through honesty and integrity. 
• Flexible - A square peg doesn't fit in a round hole! All credit decisions are based on your individual circumstances, not the secondary mortgage market guidelines. Self-employed? Recent job change? We'll look into it!
• Portfolio Lender - We will service and hold your mortgage for the life of the loan. 
• Money Stays Local - To help build and improve the local community. 
• Premium Customer Service - You talk to real people - not automated phone systems or call centers. 

Refinancing Is Much Easier

Was buying your home stressful enough, that you’re worried about going through the loan application process again? Don’t worry! LSB has simplified the process and has the resources available to make it painless. 

• An online application that’s easy to complete.
• Financial Calculators to inform and guide your decisions.
• Follow our simple guide to understand each step.
• Frequently Asked Questions (FAQs)