Flexible financing for your most important asset.

• Fixed Rate Mortgages
• Adustable Rate Mortgages
• First Time Homebuyers Program
• Refinancing
• New Construction Loans
• Home Equity Line of Credit (HELOC)

Fixed Rate Mortgage Loans

With a Fixed Rate Mortgage Loan, the interest rate is fixed and your principal and interest payment remain the same for the life of the loan. That means you don't need to worry about a constantly changing market. Border State Bank offers a variety of fixed rate terms from 10-30 years.

Adjustable Rate Mortgage Loans (ARM)

An Adjustable Rate Mortgage (ARM) is a popular option for those seeking lower initial interest rates and monthly payments. ARM rates are fixed for the first one, three, five, seven or ten years, and then may be subject to change after that. With either a Fixed Rate Mortgage or Adjustable Rate Mortgage, you can select from loans with shorter terms that quickly reduce principal, or loans with longer terms that create a more affordable monthly payment. Either way, we can help you make the right choice.

Refinancing

You may be able to save thousands of dollars and lower your monthly payments by refinancing your home. Several factors determine when it makes sense to refinance. Lower rates, unexpected expenses, debt consolidation and tax consequences can all pay a part in the decision. Contact a Border State Bank Residential Lending Officer to help you determine when the right time is for you.

New Construction Loans

If building a new home is in your future, look to the mortgage experts at Border State Bank to provide the construction financing you need. Border State offers a convenient construction to permanent financing option that will save you time and money. So go ahead and build the dream home you've always wanted and we'll be there to back you up!

Home Equity Line of Credit (HELOC)

Unlock the equity in your home to fund home improvements, college tuition, travel, or debt consolidation. You can access your funds by simply writing a check. As you borrow against your Home Equity Line of Credit, and then repay it, the funds become immediately available for you to use again. Best of all, there are no closing costs and the interest may be tax deductible. Consult your tax advisor and talk with your Border State Bank Residential Lending Officer to see if a HELOC is right for you.