We understand that everyone’s financial situation is different. That’s why we offer a wide range of mortgages and residential loan programs tailored to your specific needs. Our knowledgeable lenders will help you determine the best home loan product, whether you are buying your first home, refinancing an existing one, or building a dream home.

HomeTown Mortgage Products

FHA: Federal Housing Administration
A government-sponsored loan program for first-time home buyers with lower down payments.

VA: Veterans Administration 
A government-sponsored loan program for members and veterans of the Armed Services with borrower-friendly terms and no down payment required.

USDA: United States Department of Agriculture
A government-sponsored loan program for purchasing homes in rural areas with no down payment required.

This mortgage loan typically has low closing costs and flexible payment options.

HARP 2.0 (Home Affordable Refinance Program)
This program is available for Fannie Mae and Freddie Mac held mortgages for homeowners whose property value has fallen below what is
owed on the mortgage.

Jumbo Mortgages
If you need a large home mortgage (typically above $417,000), we have solutions that work to maximize your borrowing power.

HomeTown Bank Products

Construction Loans 
This type of loan will fund the purchase of a lot at closing and will allow for draws during the construction process; loans
up to 85% of the lesser of cost or appraisal.

Lot Loans
A lot loan is a great option if you’ve found the perfect place to build but are not ready to break ground.

Doctor's Loans
Our mortgage loan program for doctors provides flexible terms for larger home loans when the payment is drafted from a HomeTown Bank checking account.

Portfolio Mortgages 
Customized financing options that are serviced in-house.

Home equity lines of credit or home equity loans also available.

Rate Types

Fixed Rate Home Mortgage Loans 
With a fixed-rate mortgage, you’ll have the peace of mind of knowing what your monthly payment will be. 

Adjustable Rate Mortgages 
If you are planning to stay in your home for just a few years before moving, an adjustable rate mortgage (ARM) may be worth considering.

Contact one of our mortgage loan officers to learn more.