Rates as low as 3.173% APR*, No Points and No Closing Costs!

Take advantage of LBS Financial's Affordable 5/5 Adjustable Rate Mortgage with points and no closing costs. Loan amounts up to $625,500 at this rate!

Enjoy a low introductory rate with fewer adjustment periods
from LBS Financial Credit Union! If you are planning to live in
your home for only 5 to 10 years, why pay more to fix your rate
for a full 30 years?

How does it work? Your home loan will be fixed at our low
initial rate for the first five years. On the five year anniversary
date, the loan adjusts to a new rate for another five years. The
loan will adjust once every five years thereafter.

The maximum lifetime adjustment will never exceed 5% over the
initial rate. The rate can adjust up or down, depending on current
market rates, a maximum of 2% during an adjustment period.
LBS Financial’s ARM loans are completely straightforward
with no negative amortization, no balloon payments and no
pre-payment penalties.


Lower interest rates with closing costs are also available!

Apply Today!

• Click here or,
• Visit one of our branches or,
• Call one of our friendly representatives at one of the numbers below!

*APR=Annual Percentage Rate. Single family residence 1-4 unit owner occupied (no mobile homes) at 80% LTV or less (Cash out limit is 75%). At a 3.173% initial APR the interest rate is 3.50% and can increase. The index we use is the Five-Year Constant Maturity Treasury (CMT) index and the margin we use is 1.75%.The current CMT index rate as of 10/17/2011 is 1.14%. Therefore, if your rate adjusted today, the new rate would be 2.89% (1.75% margin + 1.14%, rounded to the nearest .125). A 5/5 loan for $350,000 at a 3.173% APR, would have a monthly payment of $1571.66 per month for the first five years. On the five year anniversary, the loan will adjust to a new rate based on the then current CMT index and margin, and is then fixed at that rate for another five years (with a total of five adjustments over a 30 year period). All loans are subject to credit approval and appraisal.  Initial interest rate is 3.50% for a loan up to $625,500.00, and 3.875% for loans of $625,501.00 to $1,000,000.00. All rates and offers as of October 5, 2011 for a limited time, and subject to change without notice.  5/5 Adjustable Rate Mortgage (ARM) Promotion:  LBS Financial will pay closing costs up to $5,000 per loan, to include: appraisal fee, tax service fee, title fees, escrow fees, transfer tax fees, credit report fee, flood certification fee and recording fee.  Offer does not include: closing costs in excess of $5,000, interest due to the first payment, pest inspection, homeowner's insurance, or impound reserves; other costs may be included on a case-by-case basis.  If a loan is withdrawn, does not close, or the purchase contract is terminated, all third-party fees and costs incurred will become the responsibility of the applicant. Minimum loan amount to qualify under this offer is $250,000, maximum loan amount $1,000,000; purchase or refinance transaction.  New loans only, other restrictions apply. If you are not already a Member of LBS Financial Credit Union to receive the advertised product you must become a Member by opening a Share Savings account.