Thursday, December 18, 2014

Mortgages

Mortgages

CONSTRUCTION

Many people dream about building a new home to their exact specifications. If you’ve been thinking about building a home, it could be one of the most exciting and rewarding projects you’ll ever undertake.  Inspiration may come from existing structures or may be a new design to meet your taste or needs.  The Bank of Soperton is experienced in construction loans and is eager to make your dreams realities.  Come by and speak with one of our loan officers today to discuss your construction options.

Purchase

Buying your home is one of the largest and most personal decisions you’ll ever make. We understand that. Let us partner with you and make your decisions a little easier.  Our experienced staff is here to answer any questions you have whether you’re buying, building or refinancing.

Balloon Mortgages

Looking for a short term financing solution for 5 years or less?  Balloon Mortgages may be your answer. Balloon Mortgages allow you to pay monthly payments for a certain amount of time and one lump sum payment for the remainder of the loan at maturity. 

REFINANCING

Are you considering refinancing your home?  Our experienced loan officers can answer your questions and help you make the right decision.

When refinancing, you pay off your current mortgage and take out a new one.  With a lower rate of interest, you can reduce your monthly payment and save on interest.  Refinancing may also reduce the number of years it takes to pay off your mortgage.

The Refinancing Process

Refinancing is similar to the process when you took out your first mortgage.  New mortgages may offer a more attractive interest rate, different terms, or a completely different type of mortgage.

The Bank of Soperton prides itself in making local, timely decisions.  No long waits.

 

Contact one of our Loan Officers for more information.