Home Loans
Options, options, options! American National Bank can help you with your home ownership needs.
Be sure to check out our Real Estate Listings to find a place that works for you and your family!
| LOAN TYPE | BEST IF… | DOWN PAYMENT | RATE INFORMATION | ADDITIONAL INFORMATION |
|---|---|---|---|---|
| RURAL DEVELOPMENT | You have very little or no money for down payment | 0 | Fixed Rate for 30 years |
|
| VA | You are a veteran | 0 | Fixed Rate with either 15 or 30 year terms, Adjustable Rate Mortgage (ARM) products also available |
|
| FHA | You have some money saved for a down payment. May allows some credit “glitches” | 0.035% | Fixed rate 15 or 30 year terms. Adjustable Rate Mortgage (ARM) products also available |
|
| CONVENTIONAL FINANCING | You have money for a down payment or access to a gift | 3.00% – 20.00% + | Fixed rates 10, 15, 20 or 30 year terms. Adjustable Rate Mortgage (ARM) products also available |
|
| JUMBO LOANS | Your loan amount is over $548,250.00 | 20.00% + | Fixed Rate for 15 or 30 years, Adjustable Rate Mortgage (ARM) products available | |
| IN-HOUSE | You are looking at a unique property or have a unique need | 20.00% + | Variable rates, several different amortizations |
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