Home Loans/Mortgage

Adjustable Rate Mortgages

Town & Country Bank has a variety of adjustable rate mortgages to fit the lending needs of each customer.

Our adjustable rate mortgages:

• Can be fixed for a variety of terms.
• Often have the most competitive rates in our region.
• Are serviced locally with no escrow for taxes and insurance required.
• Can have a lower down payment by utilizing private mortgage insurance (pending approval).
• Have low closing costs and no charge for the initial application and review.
• Come with a free pre-approval with no application fee. This allows our customers to determine the home that best fits their budget.
• Are often approved at the time of application by loan officers with local loan approval authority.
• Are given final loan approval after the appraisal of the property.

Fixed Rate Mortgages

Town & Country Bank's fixed rate mortgages are an attractive product for customers who wish to lock in one rate for the entire length of the loan.

Our fixed rate mortgages:

• Will have rates and fees that are competitive with the prevailing market rates.
• Can have a lower down payment by utilizing private mortgage insurance (pending approval).
• Have no charge for initial application and review.
• Can change daily. Please call your local Town & Country Bank loan officer for current rates and terms.
• Are researched to find customers the best-fixed rates possible.

Specialized Loans and Products

Town & Country Bank has a variety of specialized loan products to encourage home buying in our area...including VA loans.

Our specialized loans:

• Are ideal for first-time homebuyers who have limited funds for closing costs.
• Offer fixed rates for a variety of terms.

Construction Loans

Town & Country Bank's construction loans are the ideal product for families who wish to build a new home rather than purchase an existing structure.

Town & Country Bank's construction loans:

• Offer customers a fixed rate during the construction period. Interest is paid monthly on the outstanding balance only.
• Are often approved at the time of application by loan officers with local loan approval authority.
• Can be rewritten to a fixed or adjustable rate upon completion of construction.
• Can often be rewritten to an adjustable rate mortgage without additional recording/documentation charges when construction is complete. Terms may change for second homes, investment properties or pending appraisals.