Home Loans
Whether buying, building or refinancing, Liberty Savings Bank offers a wide range of mortgage products to make this process quick and easy. Please contact us or apply on-line to begin your journey to your new home.
Click here for FREE mortgage loan prequalification.
BUYING A HOME
First Time Homebuyer Mortgage
We are here to help you realize the American Dream of home ownership. We have several first time home buyer loans including loans with reduced rates of interest, loans with no money down, options that eliminate the need to pay mortgage insurance and even loans with assistance with the monthly payment.
Apply Online | Contact Us | Locate a Branch
Fixed Rate Mortgages
Obtain a long term fixed rate of interest on your mortgage loan. Fixed rate mortgages are the most popular type of loan. This option allows for precise budgeting since the principal and interest portion of the payment will not change for the life of the loan.
Apply Online | Contact Us | Locate a Branch
Balloon Mortgages
You can enjoy the benefit of a fixed rate of interest for a specified period of time while still having the flexibility of your payment being calculated out over 30 years. The benefit of this loan is with the shorter term, you may have access to a better rate of interest.
Apply Online | Contact Us | Locate a Branch
Adjustable Rate Mortgage
This type of loan product typically offers a lower rate of interest initially. This is a good solution for buyers that may only want to stay in their home for a short period of time.
Apply Online | Contact Us | Locate a Branch
No Money Down Mortgages
Finally a loan that does not require you to put any money down. This loan type will let you keep your cash in your wallet for future needs while still being able to own a home.
Apply Online | Contact Us | Locate a Branch
Interest Only Mortgages
Reduce your monthly housing expense with an interest only mortgage. With the cash you save each month, you can start a savings account, save for home improvements or whatever your next purchase may be.
Apply Online | Contact Us | Locate a Branch
Bridge Loans
There are options to buy your new home if you have not yet sold your current home. Check out bridge financing to see if it is a good fit for you.
Apply Online | Contact Us | Locate a Branch
80/20 Mortgages
With a first and second mortgage, you will be able to eliminate the need to carry private mortgage insurance (PMI) on your loan.
Apply Online | Contact Us | Locate a Branch
[ Top ]
BUILDING A HOME
You can save time and money with our construction loan programs. We offer a construction to permanent loan with one set of closing costs. We have bridge loan options if you have not sold your current home and we also have extended interest rate lock in programs to help ease the worry of changing interest rates.
Apply Online | Contact Us | Locate a Branch
[ Top ]
REFINANCING A HOME
Refinancing your home mortgage can provide several positive outcomes. As a homeowner you will want to consider refinancing to:
- Reduce your mortgage payment by lowering the rate or extending the repayment period.
- Decrease your interest expense over the life of the loan by refinancing to a lower rate of interest or reducing the term of the loan.
- Reduce your mortgage payment and interest rate by switching from an adjustable rate loan to a fixed rate loan.
- Access additional cash for home improvements, education expense, debt reduction or any other needs you may have.
Access our Refinance Calculator to find out if you can save money by refinancing.
Apply Online | Contact Us | Locate a Branch
[ Top ]
|
Equal Housing Lender