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 • LOAN RATE SHEET   
     (PDF)

  • FIXED RATE
    HOME LOANS

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    COMMERCIAL LOANS

  • HOME EQUITY LOAN

  • LAND LOAN

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LOAN PROGRAMS

Our primary business is making loans for the purchase, construction and refinance of homes. We also lend on residential rental properties, commercial real estate, and on vacant land. We make real estate line of credit loans, home equity,  and home improvement loans.

This is a summary of some highlights of our loan programs. Please stop in, call us or email us for details. We've been helping families own their homes since 1895 and we want to help your family, too. We're proud to be an Equal Housing Lender, so you know you'll receive fair treatment from us.

Contact a loan officer today! (Click on a name)

1-4 Family Rental Property Loans          
Loans up to 85% of the appraised value or purchase price (whichever is lower).
• No application fee.
• No prepayment penalty.
• Closing costs are 1% of the loan (minimum  $700) plus  Appraisal Fee and Title Charges* 


Three types of Rental programs are available:

• A 25 Year fixed rate
• A 30 Year ("1/1") Adjustable Rate
• A 30 Year ("5/1") Adjustable Rate
    
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5 or more Residential Property                 
& Commercial Property Loans                
Specifics will vary depending on your
individual situation.

Home Equity Line of Credit
• No Application Fee
• 10 Year Draw Period (Interest Only)
• Additional 10 Year Repayment Period
• $10,000 Minimum
• $50 Annual Participation Fee
• Free Checks
• Minimal Closing Costs
• See our rate sheet for competitive rates

Home Equity Loan
• Fixed Rate
• 15 Yr. Term
• 90% of the Appraised Value
• No Application Fee
• Minimal Closing Cost


Home Improvement Loan
• Fixed Rate 7 Year Term
• Maximum $10,000
• No Application Fee
• Minimal Closing Costs

Land Loans                                                    ^TOP^
• 65% of the Appraised Value
• No Application Fee
• 10 Year 1/1 ARM
• Closing Costs are 1% of the Loan (Minimum $700) plus Appraisal Fees and Title Charges* .
• $100,000 Maximum

We have three types of Adjustable Rate Mortgage Loan programs:

• 1/1 ARM - rate fixed for first year.
• 3/1 ARM - rate fixed for first three years.
• 5/1 ARM - rate fixed for first five years.

Loan Details
• Adjustable Rate home loans have a margin of 3.5%. Adjustable Rate rental, commercial, and vacant land loans have a margin of 4%. All ARM loans have an annual cap of 2% and a life-of-loan cap of 5%.

• Interest Rate buydowns available.

• 300 day Rate lock is available

• We have a written preapproval service for no fee.

* We do not require escrow of taxes or insurance.

• Credit Concerns? We  do not use credit scoring. Our credit standards are available to you upon request.

• We do not sell loans. We are not bound by secondary market rules.

• No Prepayment Penalty, No Surprise Costs at closing.

• Neighbors Helping Neighbors Program for first-time homebuyers.

Loan Closing Convenience  
We use many Title Companies to close our loans. Call for a current list of Title Companies.

Lending Area
We lend in all of Fairfield County and neighboring counties.

*Appraisal Fee and Title charges are based on the type of loan and loan amount. Title charges include, but are not limited to, closing fees, title examination, commitment fee and title insurance.

• Recording fees and Flood Plain determination fees apply to all loans.