Community Edge Mortgage
You turn places into communities. We want to help you call them home, too.
Community Edge Mortgage: Features & Benefits
Better home loans
For educators, first responders, medical pros, military personnel, and government employees.
Low down payments
Buy with as little as 3% down1 on new-purchase primary residences or rate-term refinances.
Save on closing costs
Qualifying borrowers can save $500 on their closing costs with a Community Edge Mortgage.
Lower PMI
Private Mortgage Insurance (PMI) is no fun. A Community Edge Mortgage lowers the monthly cost.
Loans up to $832,750
Stop dreaming about your future home — and start picking out furniture.
No income limits
Because what you do for our communities is already priceless.
Community Edge Mortgage FAQs
Our Community Edge Mortgage is a home loan program designed to make homeownership more accessible for community difference makers by helping them save on their down payments, closing costs, and private mortgage insurance (PMI).
We want to give back to those who make our communities healthier, happier places. That’s why we’re proud to offer our Community Edge Mortgage to those working these careers:
- Military personnel (veterans, active, reserves)
- Medical professionals (anyone who works for a medical facility that treats, tests, or cares for the general community)
- Doctor of Dental Surgery (DDS)
- Doctor of Medicine in Dentistry (DMD)
- First responders
- School employees (private or public, Pre‑K–12, college, or university)
- Government employees
Our goal is to make a Community Edge Mortgage as accessible as possible, for as many community members as possible. That’s why:
- There is no income limit to qualify.
- No homebuyer education courses are required.
- There are no other special eligibility criteria.
While specific cash requirements will vary based on the terms of your loan, in general, in addition to your down payment, you will need funds for closing costs and cash reserves. However, Community Edge is designed to reduce these requirements by offering:
- $500 off closing costs
- Lower ongoing insurance costs
Together, this can make your total upfront cost more manageable, giving you, well, an edge when it comes to buying your dream home.
Save even more with LMCU’s Max Mortgage discount!
Buying a home? Start here.
Connect with one of our local mortgage experts. They’re ready to answer any homebuying questions you may have with a smile and an extra mile.
The home of all your homeownership needs.
Disclosures
For well-qualified borrowers. Primary residence only. Eligible property type is SFR only, including condos and PUDs.
To receive MaxMortgage discount, mortgage payment must be an automatic payment that comes from an LMCU checking account with an ACH deposit. Some programs may not be eligible, discuss with your mortgage loan officer for further details.
