Types Of Mortgage Loans
American State Bank offers many different types of mortgage products to help you qualify for the best possible loan. Our experienced staff is ready to help you choose the right product for you. Available loan types include:
Conventional Loans
With a fixed rate mortgage loan, the interest rate and your monthly mortgage payments remain fixed for the period of the entire loan. Generally, the shorter the term of a loan, the lower the interest rate.
Refinancing
A conventional loan may also be used to pay off your existing mortgage to lower your rate or shorten the term. With this option, you may be able to include the closing cost without spending any money out of your pocket.
FHA Loans
Federal Housing Administration loans have lower down payment requirements and are easier to qualify for than conventional loans.
Construction Loans
Are you ready to build the home of your dreams? American State Bank can help with that! We offer flexible financing solutions whether you build on your own property, or purchase a lot in a subdivision. We work with you and your builder to make building your home a worry free process.
Home Improvement Loans
How long have you been putting off that much needed remodeling project? American State Bank wants to help turn your vision into reality. We offer financial solutions that can help you accomplish your objective whether large or small.
Home Equity Loans
Typically your home is your greatest investment. Do you need to access the equity in your home to consolidate debt or medical bills? American State Bank can advise which product is best for your unique situation.
NMLS Registration ID Number
(
www.nmlsconsumeraccess.org)
Arp
- Carolyn Sue Cohagen: 664619
- Daphanie Crawford: 664620
- Dalla Delane Davis: 466181
- Haley Elliott: 664658
Chapel Hill
- Darrell Taliaferro: 469345
- Paula Leanne Carnes: 664621
Old Jacksonville
- Jamey Metcalf: 498131
- Justin Holt: 695775
- Terri Beaty: 664618
- Tommy Stewart: 469362
- Shari Sallee: 853067
- Joseph Higgins: 853066