First Time Home Buyer Loans
Featured First Time Home Buyer Loans
No Down Payment Options |
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USDA Loans
| Most geographic areas are eligible |
| Low monthly mortgage insurance |
| Multiple closing cost options |
| Low, fixed interest rates |
| Reasonable qualification criteria |
| Learn More |
In-House Loans
| Most West Tennessee areas are eligible |
| Common sense, local underwriting |
| Quicker loan closing timeline |
| Local long-term loan servicing |
| May avoid mortgage insurance |
| Learn More |
Low Down Payment Options |
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FHA Loans
| Only 3.5% down payment |
| Low, fixed interest rates |
| More flexible qualification criteria |
| Gifts funds allowed toward loan costs |
| Up to 6% seller concessions |
| Learn More |
Conventional Loans
| Down payment options start at 3% or 5% |
| Lender paid mortgage insurance options |
| Gift funds allowed toward loan costs |
| $548,250 conforming loan limit |
| Quicker loan closing timeline |
| Learn More |
Down Payment Assistance |
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THDA Great Choice Plus Loans
| Available anywhere in Tennessee |
| Up to $7,500 in down payment/closing cost assistance |
| Assistance in the form of a 15-year second mortgage |
| Household income and purchase price limits vary by county |
| Learn More |
Contact Mortgage Services
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Leaders Credit Union is an Equal Housing Lender
Leaders Credit Union
PO Box 10008
Jackson, TN 38308
731 664-1784
loyalty@leaderscu.com
©2021 Leaders Credit Union
ABA Routing 284383886