Skip to content
All Leaders branches (including our call center) will be closed Saturday, Dec. 10 for an all-employee Christmas event.
Online and mobile banking are available anytime, anywhere.
close
Home Loans

Home Loans That Work for You

You need a home loan that's affordable and fits your goals. With a variety of options, competitive interest rates, flexible underwriting, and friendly service, we're here to lead you to your dream home.

Schedule an Appointment Explore Home Loans

Leaders Mortgage Services

We’re leading our members to their dream of homeownership with affordable rates and a smooth underwriting process.
Easy online application process
Competitive rates
Low and no down payment options available
Accelerated closings with streamlined local underwriting
Friendly local loan servicing from our Mortgage Champions
Free online mortgage portal
Apply For a Home Loan
Leaders Mortgage Services
In-House Loans

Our in-house home loan program is ideal for members who prefer local service that will take them from the application through to their final mortgage payment.

 

  • Common-sense underwriting
  • Low and no down payment options
  • May be able to avoid private mortgage insurance (PMI)
In-House Loans
Conventional Loans

Leaders Credit Union offers conventional home loans with flexible loan-to-value ratios. Typically closing on a expedited timeline, conventional home financing can get you into your new home as soon as possible.

 

  • Flexible loan-to-value ratios of 97%, 95%, 90%, and 80%
  • Low down payment options available
  • Easy online application process
Conventional Loans
FHA Home Loans

FHA home loans are designed to put the dream of homeownership within reach for people who might not meet the requirements for a conventional loan or have a sizeable down payment.

 

  • Minimum down payment of 3.5%
  • Flexible underwriting
  • Apply family gifts toward your down payment or closing costs
FHA Home Loans
USDA Loans

Available in 97% of the geographical United States, USDA loans are designed to make homeownership accessible with reasonable underwriting and no down payments.

 

  • No down payment required
  • Flexible closing cost options
  • Competitive interest rates
USDA Loans
VA Loans

The VA thanks active and veteran soldiers for their service with affordable home loans that put the dream of homeownership within reach.

 

  • No down payment requirement
  • Limited closing costs
  • No mortgage insurance required
VA Loans
THDA Loans

The THDA provides down payment and closing cost assistance to first-time and repeat home buyers across Tennessee.

 

  • Receive up to $6,000 or 6% of your home’s purchase price in the form of a second mortgage
  • Deferred or amortized payment options available
  • Available to qualified first-time and repeat home buyers in 43 Tennessee counties, plus select areas of 15 additional counties
THDA Loans
Medical Professional Loans

Qualified medical professionals serving West Tennessee can get affordable loans with special features as a thank you for their service.

 

  • Low and no down payment loans available
  • Reasonable consideration of student loan debt
  • No private mortgage insurance required
Medical Professional Loans
Bridge Loans

What happens if you need to buy a new home before your current home has been sold? Leaders Credit Union offers affordable bridge loans for a smooth transition.

 

  • Access your current home's equity for down payment on your next home
  • Six-month term allows for flexibility
  • Interest-only payments
Bridge Loans
Home Equity Line of Credit (HELOC)

Get the money you need to consolidate debt, make home improvements, pay for a new car, or your child’s college education, with rates you can afford.

 

  • 7-year withdrawal period allows for flexible spending
  • HELOCs up to $200,000
  • No early termination or prepayment penalty
Home Equity Line of Credit (HELOC)
Not sure which mortgage loan is right for you?

Contact our mortgage team to discuss your home ownership goals.

Paper Airplane

Best Loan Pricing Guarantee¹

Ever worry that you’re not getting the best rate possible on your mortgage loan? Leaders Mortgage Services removes that worry with our Best Loan Pricing Guarantee¹. You can borrow with confidence knowing that when you commit to us, we will commit to you as well. If you find a better deal with a locally-based lender, we’ll beat it or pay you $1,000.

The reviews are in

Don't take our word for it. Read why our members love banking with Leaders.

    star chart 4.9 out of five

    4.9

    4.9 out of 5 (341 Member Reviews)

    owned by members

    Owned by Members

    Membership means ownership. As a not-for-profit credit union, we share rewards with our members in the form of dividends.

    competitive rates

    Competitive Rates

    Our members benefit from competitive rates that are lower than most financial institutions.

    Local Service

    Local Service

    As part of the West Tennessee community, we’re proud to serve our members and neighbors with a smile.

    Why Leaders?

    Why Leaders?

    Our goal is a simple one: to lead our members to their dream of homeownership

    Apply For a Home Loan
    Stability

    Stability

    We’re one of the largest and healthiest credit unions in Tennessee, providing financial stability to our valued members.

    Comprehensive Services

    Comprehensive Services

    From basic banking services to sophisticated tools to achieve your financial dreams, we’ve got the accounts you need to reach your goals.

    owned by members

    Owned by Members

    Membership means ownership. As a not-for-profit credit union, we share rewards with our members in the form of dividends.

    competitive rates

    Competitive Rates

    Our members benefit from competitive rates that are lower than most financial institutions.

    Local Service

    Local Service

    As part of the West Tennessee community, we’re proud to serve our members and neighbors with a smile.

    Stability

    Stability

    We’re one of the largest and healthiest credit unions in Tennessee, providing financial stability to our valued members.

    Comprehensive Services

    Comprehensive Services

    From basic banking services to sophisticated tools to achieve your financial dreams, we’ve got the accounts you need to reach your goals.

    Want to meet us?

    We can't wait (and neither should you).
    Speak with a Mortgage Champion

    Disclosures

    1. - Best Loan Pricing Guarantee only applies to conventional purchase mortgages or refinanced mortgages on your primary residence. To qualify for this guarantee, the following must be met: (1) you must provide a locally-based, licensed lender's system-generated locked Loan Estimate (LE) stating the specific lender's name and dated within 1 business day of the pricing quoted by Leaders Credit Union (Leaders); (2) LE must have pricing for the same loan program offered by Leaders and such pricing must be equal to or less than the pricing quoted by Leaders; and (3) Leaders must be able to verify the accuracy of the other lender's pricing as stated on such LE. If you qualify for this guarantee, then Leaders, in its sole discretion, may either (1) offer the mortgage to you at a price that is $250 less than the other lender's pricing or (2) pay you $1,000 upon Leaders' receipt from you of proof of your loan closing with the lender that was used to qualify for this guarantee. For purposes of this guarantee, the following shall have the meanings set out herein: (1) "pricing" shall consist of the interest rate, points, and lender fees that are typically listed in the LE; (2) "locally-based" shall mean a licensed lender with a physical location within Leaders' market area; and (3) "proof of loan closing" shall mean a copy of the signed Note and of the Closing Disclosure, for the loan set out in the locked LE.