Looking to assist your clients with their home financing needs?
Why Choose Latino Credit Union?
LCCU is the best choice for first-time home buyers, including those with limited or no traditional credit history who generally would not qualify with traditional lenders. We offer fixed and adjustable rate mortgages and up to 95% financing, paired with fast processing and approval times all with personalized service. To top it off, we provide financial education at no cost, to prepare individuals for the home buying process. Get your clients started today!
To apply for a loan applicants must:
- Be a Latino Community Credit Union member (open a share account with a $10 minimum balance and $10 one-time membership fee.)
- Have a minimum down-payment for the program they are requesting (the greater of 5%, 10%, 20% or $5,000) and savings to cover estimated closing costs.
- Proof of employment for the last twelve (12) months (paystubs and most recent W2.)
- If the applicant is self-employed, tax returns from the last two years are required (Personal and/or Business).
- Contact information of current and previous employer(s) for the last year.
- Most recent bank statements for the last 60 days.
- Contact information for current and previous landlords for the last year.
- Additional information may be required.
