Mortgage Lending at Northern State Bank
You can own a home and we can help! Our in-house mortgage lending team will take the stress out of the home buying process and help choose the financing that works for you.
When you are ready to purchase a new home, make improvements to your existing home, or even use the equity you have built up to cover a major purchase or expense, we offer many different loan options, including:
Low Down Payment Home Purchase Loans(USDA Rural Development, FHA, HomeReady, VA)
- In some cases, cash to close can be close to $0
- Thirty-year fixed rates
- Borrowers need not be first-time homebuyers
Conventional Purchase Loans
- Competitive rates and closing costs
- Cover a variety of real estate purchases including lake homes and recreational land
- Option for both secondary market and in-bank loans
New Construction Loans
- Flexible construction terms for building a new home or extensive remodeling to an existing home
- Tracking of all draws and lien waivers during the construction period
- Smooth transition from construction to permanent financing
Home Equity Loans
- Funds can be used for things like home improvement, major purchases, large expenses, or debt consolidation
- Flexible loan terms
- Bridge loans/temporary financing options
Start planning today!
How much do I need for a rainy day, retirement, my child's education, a dream vacation.
Calculate how much you will need for those special times.
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