Fixed Rate Mortgage: Loan with a fixed interest rate and consistent payments over the loan term.

Adjustable Rate Mortgage (ARM): Ideal for shorter periods of homeownership, taking advantage of lower interest rates for a designated period.

Federal Housing Administration (FHA) Loan: Offers affordable financing options, lower down payments, and income requirements, while still providing competitive rates.

Veteran Administration (VA) Loans: Government-insured program providing financing assistance, lower down payments, and reduced monthly mortgage insurance premiums for eligible veterans.

USDA (RD) Loan: Government-insured loan for rural communities with populations below 20,000, offering 100% financing based on income guidelines.

In-House Portfolio Loan: Flexible mortgage options exclusively available through South Story Bank & Trust.

Home Construction Loan: Financing covering land purchase and construction costs for building a new home.

Jumbo Loan: Designed for loan amounts that exceed conventional conforming loan limits.

Home Equity Loans & Lines of Credit: Utilize your home's equity to your advantage.

- Home Equity Loans: Borrow up to 90% of appraised equity with fixed payments over a set term.

- Home Equity Lines of Credit (HELOCs): Access up to 90% of your home's appraised value with a revolving open-ended line of credit.

For more information, contact our mortgage lenders at mortgageinquiry@southstorybank.com or call (515) 597-2992.