Mortgage Loans

We never forget that banking is about people. Whether you're buying a new house or getting ready to build your own, your story is unique. First State Bank wants to be a part of that story. That's why we've designed our residential financing plans around you - your convenience, your needs, your budget. We love helping you succeed - in every way possible.

RESIDENTIAL MORTGAGES

Buying a new home? Refinancing your current house? We’ve got a residential mortgage plan that fits your lifestyle and your needs. First State Bank makes getting your mortgage as simple, quick, and cost-effective as possible. Mortgages shouldn’t have to hurt. And we’re here to make the process easier, every step of the way with outstanding personal attention and service.

RESIDENTIAL CONSTRUCTION FINANCING

If you’re building a new house, you need more help and less hassle. First State Bank has the local experience and expertise to meet all your residential construction financing needs. We know you have one goal: to get your new home built as quickly as possible. That’s our goal, too.

PRODUCTS

ADJUSTABLE RATE MORTGAGES

An ARM (Adjustable Rate Mortgage) is a mortgage in which the interest rate is adjusted periodically, usually annually, based on a preselected index. Also, sometimes known as the re-negotiable rate mortgage or the variable rate mortgage. To fit your specific terms and needs, we currently offer adjustable rate mortgages with fixed rate periods of 3,5,7, and 10 years, that adjust annually after the fixed period. ARM Disclosures

FIXED RATE MORTGAGES

A fixed-rate mortgage loan carries the same interest rate and the same monthly principal and interest payment for the entire loan term. Monthly payments will only adjust if a change is made to your homeowners insurance or property taxes, or both if those items are paid with your mortgage each month. We currently offer 15-year and 30-year fixed rate loans.