Loans
► EHOP Mortgage 
EHOP (Expanding Housing Opportunities Program) is the mortgage loan product that LCDB is offering with great excitement. This mortgage is great for those who have been in their house for some time and are considering refinancing. It's also great for young couples who are first-time home buyers and want to accumulate equity within a short timeframe. There is no escrow, so EHOP participants will be responsible for paying taxes and insurance.
But here's the good part: LCDB offers a savings certificate that will allow customers to make monthly deposits for the savings of these items. LCDB is offering a $1,000, twelve-month Certificate of Deposit to the first 25 first-time homebuyers who purchase their home within our
target market or any
low-income census tract. The CD will be issued after the first 24 months as long as there are no 30-day past due payments, and taxes and insurance are paid current.
Call us today to take advantage of this outstanding offer.
► Business Loans
-
Funding for startup businesses or for the expansion of existing businesses.
-
Working capital, line of credit and term loans are also available.
► Residential Loans
-
Home mortgages
-
Funding for home improvements -- additions, remodeling or repairs.
-
Funding to purchase existing homes and rehab for sale to owner-occupants.
-
New construction lending for single-family homes and multi-family condos for owner-occupants.
► Commercial Real Estate Loans
-
Lending for acquisition and rehab of existing commercial properties.
-
Funding for new construction of commercial, retail, wholesale, manufacturing, distribution and warehouse facilities.
Contact us today to discuss your financing requirements
(502) 778-7000
Fee schedule