MORTGAGES

There is so much to consider when choosing to invest in a new home. Should you build new or buy an existing home? How many bedrooms do you need? How much can you afford? While we can't tell you if your two daughters will be willing to share a bathroom, we can help you figure out how to best finance your new home. Our mortgage specialists will take the time to help you explore your options, answer your questions, and ease your concerns. Wherever you are in life, we can help you make the most of your investment.

Visit our all inclusive Online Mortgage Suite today to receive a free personalized mortgage rate quote, research your mortgage loan options, and even APPLY for your mortgage online 24 hours a day, 7 days a week. Designed with your convenience in mind, our Online Mortgage Suite is free and easy to use.

Online Mortgage Suite
Fixed Rate Mortgages
First Time Home Buyer
Low to No Down Payment Programs
Adjustable Rate Mortgage
Residential Lot
Construction Loans
1 to 4 Family Investment Loans
Federal VA Loans
Refinancing Your Current Mortgage
Contact a Mortgage Loan Specialist

Financing Your Mortgage with Us Means:

• Free online pre-approvals
• Ability to apply online 24 hours a day, 7 days a week
• Free Homeowner's Choice Checking
• Six convenient locations
• No prepayment penalty
• A knowledgeable, helpful mortgage loan specialist that is here to help you answer all of your loan questions.
• A wide selection of loans including first time home buyer programs, construction loans, refinancing and more.
• A handy checklist to make sure you have all of the information you need to make your loan application process as smooth as possible.

Fixed Rate Mortgage

If you want the certainty of knowing your interest rate will not change for the course of your loan, a fixed rate mortgage will give you that peace of mind. You may choose between a longer term loan with lower payments or a shorter term loan with higher payments. We can help you choose the option that is best for you.

First Time Home Buyer

We offer first time buyer programs that will help make the leap from renting to home ownership a little easier. Our programs can get you into your first home with lower down payment options and assistance with your down payment, closing costs and even repairs to the property. Talk to a mortgage specialist today to see how you can qualify.

• WHEDA loans offer low down payment options for those who qualify.
• HOME PLUS program offers help with down payments, closing costs or repairs to the home you are purchasing.
• Additional grant programs are available. Please see one of our mortgage specialists for more details.

Low to No Down Payment Programs

These programs are perfect for you if you are a home buyer who has limited funds to put towards your down payment or closing costs, if you have access to alternate sources of funds such as gifts or grants, or if you prefer to use your funds for other investments. Please talk to one of our mortgage loan specialists today to see if you qualify.

Adjustable Rate Mortgage

If you want lower interest rates and lower monthly payments, consider an adjustable rate mortgage.

An adjustable rate mortgage (ARM), has payments that adjust as the interest rates go up or down over the term of the mortgage. The adjustments are based on the movements of a pre-selected economic index…should indexes go up; your ARM has a rate cap in place to restrict the interest rate so it will never exceed a predetermined ceiling.

Residential Lot

Your dream home begins with that perfect piece of land. We offer residential lot loans with rates and terms you can live with.

• Minimal down payment
• Terms to fit your budget
• Minimal closing costs

Construction Loans

When you are ready to build your dream home, come and see us. We offer the construction loan you will need to begin building your dream.

During the construction phase:

• Your contractor/sub-contractor will be paid directly for work completed with three or four advances of construction funds.
• Each payment will require an appraiser’s inspection and your approval.
• You pay interest only on the amount withdrawn
• We will convert your construction loan to a permanent loan once your new home is completed

Time & Money Saving Tip: If you are ready to build and are currently purchasing a lot or land, save time and money by closing on the lot and construction loan at the same time.

1 to 4 Family Investment Loans

If you are looking for an investment property in which to build your future, we offer a fixed rate mortgage specifically designed for investment properties.

One to four family investment properties that are not owner occupied and are suitable for year-round rental qualify. This mortgage can be used for either the original purchase or for refinancing an existing investment mortgage. You choose the term and the interest rate is fixed.

Federal VA Loans

If you are a veteran, you may be eligible for a Federal VA mortgage loan.

This loan offers many special benefits to our veterans:

• Little or no down payment required
• Competitive interest rate to make payments affordable
• Fixed rate mortgage
• No private mortgage insurance required
• Free pre-approvals
• Your mortgage loan specialist will work with you to determine your eligibility and help you find a loan payment you can afford based on Federal VA guidelines.

Refinancing Your Current Mortgage

Did you know that a 0.5% - 1% interest rate decrease through refinancing can save you thousands of dollars?

Not only will you lower your interest rate, there are many other reasons to consider refinancing your current mortgage:

• Decrease monthly payments
• Switch to a fixed rate mortgage and eliminate the payment changes of ARMs
• Increase your equity by paying down principal faster
• Use the equity in your home to consolidate debts, take a vacation, or make home improvements
• Even more good news is that the cost of refinancing has decreased greatly in the past several years. Depending on the equity in your home, closing costs may be included in the new mortgage loan amount, so no cash may be required to refinance. See one of our mortgage loan specialists for complete details.