Home Loans
Ready to Own a Home in NYC?
If you're looking for a mortgage for a 1–4 family home, condo, or co-op —including HDFC co-ops LES People’s FCU is here to help you achieve your homeownership goals.
With a streamlined approval process and local expertise, we make it easier to:
- ✔️ Get pre-approved quickly and confidently
- ✔️ Explore mortgage options that fit your needs
- ✔️ Secure competitive low rates
- ✔️ Purchase the home that fits your budget and lifestyle
Why Choose LES People’s?
- ✔️ Affordable loan options for NYC buyers
- ✔️ Personalized service from a community-focused lender
- ✔️ Experience with co-ops and HDFC properties
- ✔️ Fast, transparent approval process
Let’s make your dream of owning a home in NYC a reality.
*All loans subject to credit approval and membership eligibility.
Home Loan Options
- ✔️ 15 Year Fixed — As low as 5.00%
- ✔️ 30 Year Fixed — As low as 6.25%
- ✔️ 5/1 Year ARM — As low as 5.00%
- ✔️ 10/1 Year ARM — As low as 5.25%
What You Need to Know Before You Apply
Mortgage Program Highlights
- ✔️ Know your closing costs up front
- ✔️ Mortgages for NYC residents with SSN and ITIN numbers
- ✔️ Available for CO-OPs, HDFC CO-OPs & 1–4 Family
- ✔️ Maximum repayment period is 30 years
- ✔️ 80%–97% Loan to Value
Your Home Loan Journey
Get pre-qualified, apply and get approved, then close and move into your new home.
Review Your Requirements
Learn about the documents and information you may need for your mortgage application, including requirements for CO-OP, HDFC CO-OP and 1–4 family home loans.
Personalized Support
Our team is here to help you understand your mortgage options and guide you through the process.
Have questions? Call (212) 529-8197 or email lending@lespfcu.org .
Your Homeownership Goals, Our Support
LES People’s FCU offers mortgages for NYC residents with SSN or ITIN, available for co-ops, HDFC co-ops, and 1–4 family properties.
With loan-to-value ratios from 80% to 97%, repayment terms up to 30 years, transparent closing costs, and financial counseling, we’re here to help you choose the option that fits your needs.
These rates are effective as of May 2025 and are subject to change at any time. Confirm your rate with our Mortgage Officer.
*APR = Annual Percentage Rate. Rate based on term of loan. Direct deposit set up of at least $500 and Auto-Pay is required. Rates are subject to change at any time and are not guaranteed. Subject to credit approval.