HOME IMPROVEMENT LOANS

General Loan Disclosure

Rates shown as an Annual Percentage Rate (APR) and is subject to change without notice. APR is accurate as of date listed above.

1. Rates include loan discount. Loan discounts apply to Home Heating and No Equity Loans. A 0.10% discount will be applied to an eligible loan for each of the following qualifying factors: having an active checking account with Lighthouse; having an automatic payment established on the loan; having an active consumer credit card product. A total discount of up to 0.30% will be applied to the base rate a member qualifies for. Must request loan discount within 90 days of the loan closing date. Discount conditions will be set forth in the Loan Discount Addendum. Rates and amounts financed are determined by your personal credit history, account relationship and payment method. Other terms and rates may be available. All loans are subject to credit approval.
2. Rate is fixed and will not change during the repayment period.

No Equity Loan

1. The terms of repayment, which reflects the repayment obligations over the full term of the loan. A payment example is 60 monthly payments of $21.60 per $1,000.00 borrowed.
2. Minimum term during repayment period is 12 months and maximum is 60 months.

Home Heating Loan Payment Example

$1,000 loan with a rate of 5.69% APR for 12 months. Monthly payment is approximately $86.44. Total finance charge is $31.17 (includes debt protection).

Energy Efficiency Loan Disclosure

To start the process, please contact your utility provider to obtain approval before applying for financing. The EE Loan Authorization Form must be provided from the utility provider and signed off on. Checks will be made payable to the contractor listed on the EE form and the member. The Energy Efficiency Loan, open to customers participating in the Home Performance program available through your NHSaves utility partners, can be used for adding insulation, air sealing and other approved energy efficient updates to your home. The purchase or installation of solar panels is not covered by this program. Minimum loan amount is $1,000 with a maximum loan amount of $15,000. 0% rate is for Eversource customers only.; customers of all other NHSaves utility partners are eligible for an annual percentage rate of 2%. Maximum annual percentage rate for this product is 2%. Rates are set by the utility provider, not Lighthouse Federal Credit Union. This loan is not tied to the equity of the home. To start the process, please contact your utility provider to obtain approval before applying for financing. The EE Loan Authorization Form must be provided from the utility provider and signed off on. Checks will be made payable to the contractor listed on the EE form and the member. No other rate discounts apply.