FHA Home Loans
There is no feeling quite like the comfort and peace of mind that comes with owning your own home. Returning to your sanctuary after a long and challenging day at work is truly priceless.
APR* AS LOW AS
30 Year Fixed
Mortgage underwriting? Local. – Fees? Low as can be.
FHA Home Loans
Lack of down-payment funds or an imperfect credit score don’t need to keep you from buying a home. Get mortgage funding for low to moderate earners. Minimal down payment required, competitively low-interest rates.
A GOOD FIT IF...
- You are unable to qualify for a conventional loan, or
- You're working on improving your credit, or
- You're looking to purchase a 2-4 unit property and it is your primary residence (a lower down payment allows for a higher debt-to-income ratio)
Levo Credit Union keeps the fees associated with financing a home sensible and minimal. Our origination fee is just 0.75% of the loan amount.
We don’t leave you hanging on our prequalification decisions—you know your approval status when you meet with your loan officer.
Our local team features an underwriting pro who can make the qualification process smooth, simple and speedy.
We're Ready When You Are
Meet The Team
|30 YEAR FIXED RATE||7.000%||7.136%|
|20 YEAR FIXED RATE||6.750%||6.925%|
|15 YEAR FIXED RATE||7.000%||7.220%|
|10 YEAR FIXED RATE||7.000%||7.309%|
|SOUTH DAKOTA HOUSING 30 YEAR FHA||6.125%||6.397%|
|SOUTH DAKOTA HOUSING 30 YEAR FHA FIXED RATE PLUS||6.625%||6.905%|
|FHA 30 YEAR FIXED RATE||6.625%||6.921%|
|VA 30 YEAR FIXED RATE||6.625%||7.067%|
*APR – Annual Percentage Rate. Your loan interest APR will be determined by your credit score. The numbered tiers shown represent credit score ranges as follows: 1= 720+, 2= 680-719, 3= 679 or lower. The specific rate will be set at the time of loan application review. Variable rates are subject to change at the end of each calendar quarter and shall not exceed 18.00% APR. First Mortgage and Construction Loans are subject to an origination fee of 0.75% or $1,000.