It’s more than a CD. It’s a head start on your next big move.
Whether you're buying a new home or looking to refinance your current one, with Leader Bank’s Homeowner CD you earn 4.00% APY* plus an additional annualized bonus equal to your interest in the first six months of your term if you also close on a home mortgage loan with us within that six-month term – that’s doubling your return!
4.00% APY*
6-Month CD
+
Additional 4.00%**
Annualized Bonus for Leader Bank Home Purchase
=
8.00%
Effective Annualized Return
A CD Designed Exclusively for Homeowners
Turn your short-term savings into long-term home equity
Additional bonus effectively doubles the return on your down payment savings!
If you don’t purchase a home in six months, you still get a great 4.00% APY* CD rate!
Frequently Asked Questions
The Homeowner CD was exclusively designed by Leader Bank to help prospective homeowners achieve their homeownership goals by offering 4.00% APY* plus an additional annualized bonus equal to your interest in the first six months of your term if you also close on a home mortgage loan with us within that six-month term.
Yes! Homeowners who refinance their existing mortgage with Leader Bank are eligible to earn 4.00% APY*plus the additional annualized bonus equal to their interest in the first six months of their term if they refinance an existing mortgage with us within that six-month term.
If a client redeems their CD on or before the initial six-month maturity date to apply the funds toward the closing on a purchase or refinance with Leader Bank, any early withdrawal penalty shall be waived and the client shall be eligible for the 4% annualized bonus.
While you won’t be eligible for the additional 4% annualized bonus, you’ll still receive the great 4.00% APY* CD rate to help grow your downpayment savings!
Only one Homeowner CD is allowed per household. However, be sure to check out Leader Bank’s full range of CD products designed to help you achieve a wide range of savings goals!
The maximum amount that can be deposited to qualify for the Homeowner CD is $100,000. The minimum deposit requirement is $1,000.
Peter made our home-buying experience so easy! In a competitive market, he had all of our documents prepared for a quick 10-day close, which gave us a huge advantage. He also helped us lock in a great rate despite the current high rates, and we know he'll be looking out for us when it's time to refinance. Peter is a fantastic resource, and we couldn't have secured our dream home without him. Thank you, Peter, for everything!
First-Time Homebuyer Education
Link to Do You Need a 20% Down Payment to Buy a House? | Home Buying Tips Do You Need a 20% Down Payment to Buy a House? | Home Buying Tips
For many first-time homebuyers, the idea of needing a 20% down payment on a house can feel like a major barri
Link to How to Compete with Cash Offers When Buying a House How to Compete with Cash Offers When Buying a House
In today’s competitive real estate market, cash offers can be intimidating for traditional homebuyers.
Link to 12 Common First-Time Homebuyer Mistakes (And How to Avoid Them) 12 Common First-Time Homebuyer Mistakes (And How to Avoid Them)
Buying your first home is an exciting milestone, but it can also be overwhelming.
Link to What Are Mortgage Discount Points and Are They Worth It? What Are Mortgage Discount Points and Are They Worth It?
If you're preparing to buy a home, it will likely be the most expensive purchase you'll make in your life.
*Annual Percentage Yield (APY) effective as of 22 December, 2025. New money only. Minimum balance to open and earn APY is $1,000. Interest rate of 3.93% for 6 Month CD. $100,000 maximum deposit. Only one CD per household; business entities are not eligible for this product. A penalty may be imposed for early withdrawal from a Certificate of Deposit prior to maturity; Fees may reduce earnings.
** To receive the 4% annualized bonus, eligible clients must apply for a first lien closed end mortgage loan with Leader Bank, N.A. on or after December 25, 2025, and close on said loan on or before the initial maturity date; such bonus will be paid at the initial maturity date. If a client redeems their CD on or before the initial six-month maturity date to apply such funds towards the closing on a purchase or refinance with Leader Bank, any early withdrawal penalty shall be waived and the client shall be eligible for the 4% annualized bonus. Leader Bank retains the right to determine whether the use of proceeds or early redemption meets these criteria. The 4% annualized bonus may be earned only in the initial six-month term of the CD; if the CD renews into a new term, client shall not be eligible to any additional bonus and the APY of the renewal term will be determined by Leader Bank in its sole discretion with prior notice to client.
