Find Your Home Loan Solution
Purchasing a home is one of the biggest decisions you’ll ever make. You’ll spend a lot of time searching for the right home, but it’s important to make sure you spend time choosing the right lender as well. At NSB Bank, we are a local mortgage lender that knows the areas we serve. We know your borrowing needs, and we handle all decisions related to your loan in our offices with our lenders. If you’re ready to experience the benefits of working with a local lender who will put your needs first, check out our mortgage web center to connect with our team and start an online application.
NSB Bank Home Loan Options
Mortgage Loan | What You Need to Know About This Loan |
|---|---|
Fixed-Rate Mortgage | This loan allows you to budget for a consistent monthly payment throughout the loan’s term. Your interest rate stays the same for the entire term. Fixed-rate mortgages are ideal for borrowers who intend to stay in their homes for more than 10 years. |
Adjustable-Rate Mortgage | With an adjustable-rate mortgage loan, your loan’s rate is fixed for an initial period before becoming subject to change during the remainder of the term. It is a good option for borrowers who intend to stay in their homes for less than 5 years. |
Home Equity Loan | This loan option allows you to take advantage of the equity you’ve built up on your existing home loan. Home equity loans are a great option for debt consolidation, paying for a vacation, or funding improvements to your home. |
Construction Loan | Construction loans are used to pay for costs associated with building your new home from the ground up. It can cover the purchase of materials and construction costs. Construction loans can also be converted to permanent financing once construction is complete. |
Mortgage Loan Refinance | If rates are lower than when you first took out your home loan, refinancing can help you pay less interest, lower your monthly payment, and possibly reduce your loan’s terms so your loan is paid off faster. |