Mortgages, Vacant Land, Construction and Home Equity Loans
Whether you're ready to purchase, build or need a line of credit we have the home loan solutions for you.
Home Loan Options
Fixed Rate Mortgages
A loan held in-house to allow for creative solutions.
- Available in 10-year, 15-year, 20-year, and 30-year terms
- Low costs
- Low fixed rates
- 90% financing available
Rural Development
A mortgage loan for rural homebuyers.
- Flexible down payment options
- 101% financing available
Balloon Mortgages
A loan that allows for a smaller monthly payment, but a larger payment due at the end of the loan.
- Available in 5.5-year, 7-year, and 10-year terms
- Monthly payment based on a 30-year term
- 80% financing available
Home Equity Loan
A loan that allows the borrower to use equity of their home as collateral.
- Available in 10-year or revolving terms
- 80% financing available
Vacant Land Loan
A loan to purchase a plot of land.
- Available in 10-year, 15-year, 20-year, and 30-year fixed rate terms
- Available in 5.5-year, 7-year, and 10-year balloon terms
Construction Loan
A loan used to finance the construction of a home
- Apply and close one time
| Loan Type | Rate | APR* | Monthly Payment Amount* |
|---|---|---|---|
| Mortgages | |||
| 15-Year Fixed | 6.250% | 6.656% | $879.72 |
| 30-Year Fixed | 6.750% | 7.002% | $665.46 |
Vacant Land | |||
| 15-Year Fixed | 7.250% | 7.668% | $936.60 |
| 30-Year Fixed | 7.750% | 8.018% | $735.04 |
Rural Development | |||
| 30-Year Fixed | 8.000% | 8.272% | $752.84 |
Construction | |||
| 30-Year Fixed | 6.750% | 7.002% | $648.93 |
| * APR = Annual Percentage Rate. Published rate on date stated is subject to change without notice. Rate stated is “as low as” and not all borrowers may qualify. Rate and APR advertised assumes the loan is for an owner-occupied, single family, one-unit purchase transaction with a loan amount of $100,000, at 80% LTV with a FICO Credit Score of 680 or better. The disclosed APR includes origination fees and other finance charges. The APR’s disclosed above assume closing costs of $2,600. Your actual closing costs may vary based on your individual transaction. If your down payment is less than 20%, you may be required to obtain Private Mortgage Insurance (“PMI”) and to escrow for property taxes and insurance. The payment examples shown above do not include PMI premiums, property tax escrow amounts or other insurance premium amounts, which will increase your monthly payment obligation. | |||
Home Equity** | |||
| 10-Year Fixed | 6.500% | 7.573% | $476.33 |
| HELOC | 7.500% | 8.343% | $343.18 |
| * APR = Annual Percentage Rate. Published rate on date stated is subject to change without notice. **Home Equity advertised rate and APR assumes amount financed is $40,000. HELOC rate based on a 10 year draw with a 10 year repayment period. Minimum floor rate is 4.0% and maximum rate that may be imposed is 15% using the prime rate as an index. Payment example shown includes estimated closing costs of $1950. You may be required to obtain property insurance which will increase your monthly payment obligation. | |||
How much house can I afford?
When you're buying a home, mortgage lenders don't look just at your income, assets, and the down payment you have. They look at all of your liabilities and obligations as well, including auto loans, credit card debt, child support, potential property taxes and insurance, and your overall credit rating. Use our new house calculator to determine how much of a mortgage you may be able to obtain.
Are you a first time home buyer?
Take the first time home buyer certification course to ensure your prepared for all the steps in your home buying process.
Document Check List
Make sure you have the right documents for whatever home loan you're looking to get!
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