At Granite Bank, we offer a variety of Loan Programs tailored to meet your specific needs. Our loan programs include:

1. Conventional Loans: Traditional mortgage loans that conform to the guidelines set by Fannie Mae and Freddie Mac, offering competitive interest rates and flexible terms.

2. FHA Loans: Backed by the Federal Housing Administration, these loans are designed for first-time homebuyers, offering low down payment options and more lenient credit requirements.

3. VA Loans: Exclusive to eligible veterans, active-duty personnel, and surviving spouses, VA loans provide favorable terms, including no down payment and lower interest rates.

4. USDA Loans: Aimed at rural homebuyers, USDA loans are backed by the U.S. Department of Agriculture, offering low-interest rates and zero-down payment options.

5. Jumbo Loans: Designed for borrowers seeking higher loan amounts that exceed the limits set by conventional loan programs, providing financing for luxury or high-value properties.

6. Adjustable-Rate Mortgages (ARMs): These loans have an initial fixed rate for a specific period, then adjust periodically according to prevailing market rates, typically offering lower initial rates.

7. Fixed-Rate Mortgages: With a fixed interest rate throughout the loan term, these mortgages provide stability and predictable monthly payments.

8. Construction Loans: For those looking to build their dream home, our construction loans offer temporary financing during the construction phase, converting to permanent mortgage financing once the home is completed.

These loan programs cater to different financial scenarios, ensuring we can assist a wide range of clients in achieving their homeownership goals. Please note that specific eligibility requirements and loan terms may apply.