Mortgage Products
Lanco FCU works with State Financial Network (SFN) to provide members access to trusted mortgage lenders and a wide range of home financing options. SFN is a Credit Union Service Organization based in Broomall, PA, operating under the same member-focused credit union philosophy.
Choose The Loan That Fits Your Goals
What types of mortgage loans are there?
Fixed-Rate Mortgage Loans
Interest rates remain the same for the full term, offering predictable monthly payments.
Adjustable Rate Mortgage Loans
Rates adjust periodically based on market indexes, often starting with lower initial payments.
Not sure what you can afford or which option is right?
Mortgage calculators are available to help compare loan scenarios and estimate monthly payments.
Learn More and Apply
For questions or help with credit union mortgage loans, contact a State Financial Network representative at (610) 325-5002 or (800) 426-7140.
Manage Your Mortgage
To manage your Lanco FCU mortgage, log into your State Financial Network account or call SFN servicing at (610) 325-5002 or (800) 426-7140.
Flexible Mortgage Loans
Tailored to Your Life
Experienced mortgage lenders offer loan options that fit different financial goals. Whether purchasing or refinancing, borrowers can choose between fixed-rate and adjustable-rate mortgage loans, as well as programs such as FHA, VA, USDA, and first-time homebuyer loans.
The Benefits of Credit Union Mortgage Loans
Credit union mortgage loans are built around member value. Compared to traditional mortgage lenders, credit unions typically offer competitive rates, fewer fees, and a more personalized lending experience. The result is clearer guidance and long-term affordability.
Stability You Can Count On with Fixed-Rate Mortgage Loans
Fixed-rate mortgage loans offer predictable payments and long-term security. Interest rates remain the same throughout the loan term, making budgeting easier. Options include 15-year and 30-year loans, allowing borrowers to balance monthly payments with total interest savings.
Lower Initial Payments: Adjustable-Rate Mortgage Loans (ARMs)
Adjustable rate mortgage loans can be a smart option for short-term homeowners. These loans begin with a lower introductory rate that adjusts over time. For borrowers planning to move or refinance, ARMs may offer early savings compared to traditional fixed-rate options from many mortgage lenders.
How to Get Started with Your Mortgage Application
Mortgage lenders typically follow a simple process:
Pre-Approval
Review financial information to estimate borrowing power.
Search
Choose a home and finalize the loan structure.
Closing
Complete documentation and finalize financing.
Frequently Asked Questions About Mortgages
Choosing the right mortgage lender often raises important questions. Below are answers to some of the most common topics borrowers consider when exploring loan options.
Why choose a credit union for a mortgage?
Credit unions often provide lower rates, fewer fees, and more personalized service than many traditional mortgage lenders.
What is the difference between fixed-rate and adjustable-rate loans?
Fixed-rate mortgage loans maintain the same rate for the entire term, while adjustable-rate mortgage loans may change after an initial period.
How much down payment do I need for a mortgage?
Down payment requirements vary by loan type, with some programs offering low- or no-down payment options.
How do I get pre-approved for a mortgage loan?
Pre-approval involves reviewing income, credit, and assets to estimate eligibility before starting the home search.