Home Loans
Homeownership
Building Assets For Future Generations
A home is typically the largest asset a person owns. What is unique about this asset is that it can be passed on from generation to generation. If you own a home today, you are strengthening the financial foundation of future generations.
Whether you are just beginning to think about homeownership or you are already an established homeowner, we offer a range of lending products to help you purchase, build, or improve your most valuable asset – your home.
Which Home Loan is Right for You?
| Loan Details | Traditional Mortgage | Mobile Home | Construction | Home Improvement |
|---|---|---|---|---|
| Purpose | Can be used to purchase a stick-built or modular home on a permanent foundation. | Can be used to purchase a modular home that is not placed on a permanent foundation. | Can be used to build a stick-built or modular home on a permanent foundation. | Can be used for a variety of projects that increase the value of your existing home. |
| Maximum Amount | Up to $250,000 | Up to $50,000 | Up to $250,000 | Up to $25,000 |
| Rates | 6%-8% interest | 10%-12% interest | 6%-8% interest | 6%-8% interest |
| Repayment Terms | Up to 30-year term | Up to 10-year term | Up to 1-year term | Up to 7-year term |
How It Works
Apply & Qualify
Fill out a homeowner application and work with our staff to find out how much home you can afford, determine the type of loan that is best for you, and make a plan to qualify.
Build Knowledge
Complete the required financial literacy and/or homebuyer education classes so you can be a successful homeowner.
Use Loan Proceeds
Use up to the total amount you qualify for to purchase, build, or renovate your home.