Mortgage Loans

Buying a new home should be a pleasant experience.  We’d like to help make it that way by taking the worry out of applying for a mortgage. That’s why we would like you to take our Home BuyAbility Test. It will help you find out how much home is right for you, so you can feel more comfortable when you apply for your mortgage loan with us.

Select A Mortgage Loan To Fit Your Financial Situation. Before you apply for your mortgage loan, you’ll need to decide which type of loan may be right for you.

Conventional Mortgage Loans have a fixed rate and monthly payment for the entire life of the loan.  Minimum of 20% down with a maximum Loan to Value of 80%.

Low Down Payment Purchase Mortgage Loans have a fixed rate and monthly payment for the entire life of the loan. Minimum of 10% down with a maximum Loan to Value to 90%.  Applies only to purchase of owner occupied homes.  No PMI (Private Mortgage Insurance) is required.

Once you know approximately how much home is in your price range, use our convenient Mortgage Loan Calculator to estimate your monthly payments based on the principal and interest. Closing costs are normally paid in a lump sum at the time you take out the loan. Other annual costs such as taxes and insurance may be added to your monthly payment.

Is Refinancing Right For You? Generally, it’s a good idea for you to consider refinancing whenever the interest rate for mortgages is more than two percentage points below your present mortgage. For more details, speak to one of our mortgage loan experts at 304-528-6230.

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