Explore LorMet Credit Union’s Mortgage Solutions for top-rated service, low rates, and a dependable home-buying experience. Apply online today!

Navigating the Home-Buying Journey with Confidence

Purchasing your first home is a significant milestone, but the path to ownership can often seem daunting. With almost 90% of potential first-time buyers unable to afford a home in their local areas, finding the right mortgage solutions is crucial. LorMet Credit Union, in collaboration with the Skipton Group’s Home Affordability Enhancement Initiative (HAEI), is dedicated to transforming the home-buying experience, making it more accessible and stress-free.

Comprehensive Mortgage Solutions Tailored to Your Needs

LorMet Credit Union offers a range of mortgage solutions designed to meet the diverse needs of first-time home buyers. Whether you’re looking to purchase a new home, refinance an existing mortgage, or leverage home equity, LorMet provides flexible and competitive options.

Conventional Loans

Home Purchase: Secure financing with flexible terms and lower down payments.
Refinance Options: Choose from no cash-out refinance, limited cash-out refinance, or full cash-out refinance to better suit your financial situation.

FHA Loans

Streamline Refinance: Simplify the refinancing process with minimal documentation.
Cash-Out Refinance: Access the equity in your home for major expenses or investments.
Simple Refinance: Lower your interest rate without complex procedures.

VA Loans

Home Purchase: Exclusive benefits for veterans and active-duty service members.
Interest Rate Reduction Refinance Loan (IRRRL): Reduce your current mortgage rate with ease.

The Home Affordability Enhancement Initiative (HAEI)

Addressing the severe lack of home affordability, the Home Affordability Enhancement Initiative (HAEI), spearheaded by the Skipton Group, aims to empower first-time buyers through innovative financial products and comprehensive support services. By leveraging Skipton Group’s extensive network in financial services, HAEI provides:

Financial Literacy Workshops: Educate buyers on budgeting, saving, and navigating the home-buying process.
Personalized Consultation Services: Offer one-on-one guidance to streamline the mortgage application and financial planning.
Enhanced Mortgage Products: Deliver tailored solutions that cater to the unique challenges faced by first-time buyers.

Why Choose LorMet Credit Union for Your Mortgage Solutions?

Trusted Lending Partners

LorMet collaborates with leading mortgage lenders such as United Wholesale Mortgage (UWM), Union Home Mortgage (UHM), Mr. Cooper, and Flagstar. This partnership ensures that you receive the most competitive rates and flexible terms available in the market.

Personalized Service

With over 89 years of experience and a commitment to member satisfaction, LorMet’s dedicated lending team provides personalized service, reducing the stress associated with the home-buying process. Our user-friendly online application process makes securing a mortgage straightforward and efficient.

Proven Track Record

LorMet Credit Union boasts over $1 billion in loans granted and a loyal member base of more than 21,000 individuals. Our extensive experience and robust financial health make us a reliable partner in your journey to homeownership.

Success Stories

Don’t just take our word for it. Hear from satisfied members who have successfully navigated their home-buying journey with LorMet:

Suannette Gierbolini: “They helped us close early on our home. I will always recommend LorMet!”

Ali Shannon: “They explained everything in detail, and made something really big seem really small. I can’t praise LorMet enough with this whole process.”

Eric Ebinger: “Buying a home was the most stressful thing I’ve been through, but LorMet made it pleasant.”

Get Started with LorMet Today

Embarking on your home-buying journey doesn’t have to be overwhelming. With LorMet Credit Union’s comprehensive mortgage solutions and the supportive framework provided by HAEI, achieving your dream of homeownership is within reach. Take the first step towards securing your future by applying online or estimating your rate today.

Explore Mortgage Solutions and Apply Now