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Conventional Fixed Rate Mortgages – We offer mortgage loans with terms
ranging from 15 to 30 years at competitive rates. Your monthly payments will
stay the same throughout the life of your loan. -
Purchase and Rehab Mortgages – Finance the purchase of your home and
pay for rehabilitation costs at the same time with one easy closing. -
Construction to Permanent Mortgages – You'll have one easy closing for
both the construction and permanent mortgage. We'll work with your builder
to develop a flexible draw schedule, and you can lock in a fixed rate on your
permanent mortgage up to six months before construction is complete. If you
own the land you're building on, you may use it as a down payment. - 100% Financing Program – LNB will finance up to 100% of the purchase price
for your single family residence. -
97% Financing Program – If you don't have a large down payment saved,
this option allows you to finance up to 97% of the purchase price of your home. -
80/10/10 Program – If you have a 10% down payment and want to avoid
the cost of Private Mortgage Insurance (PMI), this program combines an LNB
residential mortgage with an LNB Home Equity Loan to provide total financing
of 90% of the purchase price and avoid the added cost of PMI. -
Jumbo Mortgages – If your loan amount exceeds conventional mortgage
limits, you can use this loan to finance your property with as little as 5%
down. If you have a down payment of 15% or more, we'll waive PMI. -
Manufactured Housing – Finance a manufactured home, whether you're
purchasing an existing home or building. -
Land – Purchase now with the expectation of building for residential or
recreational purposes later. -
Nonconforming – This option is available to help you purchase property
that does not have the characteristics for meeting the criteria of a
conventional mortgage.
Speak to a member of our experienced Lending Team to help decide what's right
for you. Or click here to download our quick Mortgage Pre-qualification Application.
For rate information or to apply, contact us
via e-mail or visit your nearest LNB office.
Personal Banking > Mortgage and Home Equity Loans > Mortgage Loans
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