Contact one of our Mortgage Loan Originators to assist you in purchasing or building your dream home.

Fixed Rate Mortgage
This allows you the comfort of having a fixed interest rate or principal and interest payments that remain the same for the life of your loan.

Variety of Term Options.
Amortization Period for 10, 15, 20 or 30 years.
No Prepayment Penalty.
Competitive Interest Rates.
Escrow Services Available.
Variety of Down-Payment Options.

Adjustable Rate Mortgage (ARM)
This product typically offers a lower initial interest rate and payment than a fixed rate mortgage, so borrowers may qualify for a higher loan amount.

Payment Fluctuates.
   Based on Economic Conditions.
Amortization Period for 15 or 30 years.
Various Adjustment Periods.

Accelerated Bi-Weekly Mortgage
This option is great if you want to build equity quickly, reduce the amount of interest paid, time your mortgage payment to coincide with your bi-weekly paychecks, and own your home debtfree sooner.  The borrower’s payments will be made every 14 days, instead of once a month.

Loan Serviced by GenoaBank.
Fixed Interest Rate for Specific Term.
Amortization Period for 15,  20 or 30 years.
Save Thousands in Interest.
Pay-Off Mortgage Years Earlier.
No Prepayment Penalty.

Lot Loan     
A GenoaBank Lot Loan would be a great option if  you have found the ideal location to build a new home, plan to build within five years, and need to finance the purchase of a platted lot until you are ready to build your new home.

Fixed or Variable Interest Rates.
Amortization Period for 5, 10 or 15 years.
45-Day Guaranteed Rate Lock.

Construction/Permanent Mortgage
This product starts out as a construction loan and automatically converts to a permanent mortgage loan.  During construction, you only pay the interest on the amount drawn.  Once the loan converts to permanent status, you begin to make regular mortgage payments.

Fixed Permanent Loan.
Amortization Period for 15, 20 or 30 years.
Float Down Option.
   Interest rate determined prior to conversion.
One Closing Cost.

Refinancing
Is the time right for you now? Contact one of our Mortgage Loan Originators to assist you with the answer to this question.

Bridge Loans
Use the equity in your current home to purchase or build that new dream home.  This loan ’bridges the gap’ between buying a new house and selling the existing one.

Fixed Interest Rate.
Six or Twelve Month Term.
Up to 80% of the Appraised Value.

Balloon Mortgage
A balloon mortgage consists of money loaned at a fixed rate for a short-term.  At the end of the agreed-upon term, the loan must be refinanced or paid off.  This gives our customers the flexibility to shop for a new loan.

Variety of Term Options.
   Typically for 3, 5, or 7 years.
Amortization Period for 15, 20 or 30 years.
No Prepayment Penalty.
Competitive Interest Rates.
Escrow Services Available.