Consumer Loan Application

Mortgage Loan Pre-Qualification
 

• Auto
• First Mortgage Rates
• Construction Loan Rates

 Auto
We offer a variety of terms and Annual Percentage Rates (APRs), the following represents a sample:

RVS/TRAVEL TRAILERS/BOATS/MOTORCYCLES

Age	Term	Interest Rates As Low As	APR	Payment per $1,000
NEW: Up to	60 Months	7.74%	8.14%	$20.15
USED: Up to	60 Months	8.24%	8.65%	$20.39

*Rates and APRs are based on a $10,000 loan amount and include a $95 document preparation fee.  In order to obtain these rates, you must have a credit bureau score of 740 or greater, an LSB deposit account, and the payment automatically withdrawn from an LSB deposit account. Factors such as credit worthiness, term of loan, relationship with LSB, and method of payment determine if your interest rate will be higher. Lower rates may be available with shorter terms.

 

First Mortgage
Rates are subject to change without notice.

We can help you pre-qualify for a mortgage loan!
Click here to be pre-qualified.

Fixed Rate:

Servicing Retained

Term Interest Rate* APR* Payment per $1,000*** 15 Year 3.000% + 0 pts 3.175% $6.91 20 Year 3.625% + 0 pts 3.763% $5.86 30 Year 3.750% + 0 pts 3.849% $4.63

*Rate and Annual Percentage Rate (APR) are based on a loan amount of $100,000.

  FHA

Term	Interest Rate*	APR*	Payment per $1,000***
30 Year	3.500%	4.653%	$4.49

*Rate and Annual Percentage Rate (APR) are based on a loan amount of $100,000.

** Rate and Annual Percentage Rate (APR) are based on a loan amount of $100,000 with a down payment of 20% and 30 year amortization, private mortgage insurance (PMI) may be required for down payments less than 20%.  Payment terms of 15-30 years are available.  Rate can change after consummation.

*** Repayment amounts are based on $1,000 loan amount. Payment amounts list above do not include amount for taxes and insurance premiums, if applicable. The actual payment obligation will be greater.

 

Construction Loans - SINGLE FAMILY (Maximum construction phase 12 months - APR based on 6 mo const phase)

CONFORMING:

	20 Year Interest Rate*	20 Year APR*	20 Year payment per $1,000	30 Year Interest Rate*	30 Year APR*	30 Year payment per $1,000
Level 1 & 2	4.125% + 1/2 pt	4.368%	$6.13	4.250% + 1/2 pt	4.428%	$4.92
Level 3	4.125% + 1 pt	4.427%	$6.13	4.250% + 1 pt	4.471%	$4.92

* Rate and Annual Percentage Rate (APR) are based on a loan amount of $100,000 with a down payment of 20% and 30 year amortization, private mortgage insurance (PMI) may be required for down payments less than 20%.  Rate can change after consummation.

**Repayment amounts are based on $1,000 loan amount

 

Lafayette Savings Bank is a community bank,
lending to residents of Tippecanoe County and contiguous counties.