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Frontline Home Loan

Launch Credit Union Frontline Home Loan Promotion

Launch is offering an exclusive Frontline Home Loan option for our dedicated frontline heroes to honor the service they provide in our communities. It’s our way of saying “Thank you” for all that you do.

Apply for your home loan or refinance and close within 3 months of the application, and we will pay $1,500.00 in closing costs*

Details

  • Primary residence, second home, & investment homes eligible
  • New loan must close within 3 months of application
  • Must be verified as a frontline employee (please see eligibility below)
  • Launch will pay $1,500 in closing costs towards new purchase or new refinance

Eligibility

In order to qualify for the Frontline Home Loan, you must be verified as one of the following:

  • Military: Including active duty, veterans, retirees, National Guard, Reserve members, and veteran spouses.
  • Medical Professional: Including all medical doctors (MDs), physicians’ assistants (PAs), registered nurses (RNs), certified nursing assistants (CNAs), licensed practical nurses (LPNs), Radiologic Technologists (X-Ray Techs), Speech-Language Pathologists (SLPs working in a medical facility), dentists (DDSs) and dental assistants (CDAs)
  • First Responder: Includes public, private, and volunteer firefighters, paramedics and EMTs
  • Law Enforcement: Includes uniformed officers, detectives, state police, highway patrol, sheriffs, special jurisdiction police, air marshals, border patrol agents, crime scene investigators, corrections officers, and federal law enforcement officers.
  • Educators: Includes teachers, professors, substitute teachers and coaches working in pre-kindergarten through university
 
 

* Eligibility must be validated through verification of employment and job title/position. Current employment badges and paystubs are acceptable for medical professionals, first responders, law enforcement, and educators; Military personnel is required to show a DD Form 214 or Military ID. Loans require credit approval. A refinance of an existing Launch mortgage must have a $10,000 or greater cash out to qualify for this promotion. May not be combined with our standard No Closing Cost loan (meaning member must pay for closing costs in excess of $1,500). Maximum 97% Loan-to-Value (LTV). Primary residence, second home, and investment homes are eligible for this promotion. Must close on home within three months of application. Maximum loan amount $2,000,000. APR = Annual Percentage Rate. Example: for a $100,000 loan for a term of 30 years with an interest rate of 5.750% (5.904% APR), the monthly payment will be $583.57. Sample payment includes principal and interest only; taxes and insurance will increase your payment. The rate you pay is based on credit history and term. Loans exceeding 80% of the appraised value of the home require private mortgage insurance. Programs, rates, terms, and conditions are subject to change without notice at any time. $5 deposit required to join; open to everyone who lives, works, worships, or attends school in the counties we serve. NMLS# 407506

Other Promotions

Holiday Gift and Give Sweepstakes Two lucky winners will each receive $500 to cover their holiday shopping and we’ll also donate $500 to a charity of your choice.
Relief Loan Launch is offering a Hurricane Recovery Loan (HRL) for members who qualify.
Boost Your Business Open a new Launch business savings and checking account from August 1 - December 31, 2024 and receive $100 in your Launch business savings account!*
Visit any branch location to open your account. For questions call 321-455-9400 (inside Brevard) or 800-662-5257 (outside Brevard).
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