Mortgage Loans

Mortgage Loans

We offer two basic types of mortgage products: Mortgage Loans extended by our bank and Mortgage Loans originated by our bank as a broker. The following are some of the key points of each type loan product.

IN-BANK MORTGAGE LOANS

  • $10,000.00 minimum amount
  • Payments serviced by Tensas State Bank
  • No Private Mortgage Insurance (PMI)
  • No Escrow of Funds

Contact any branch today and ask for an IN-BANK MORTGAGE LOAN!

BROKERED MORTGAGE LOANS

  • $25,000.00 minimum amount
  • Flexible loan-to-value limits and equity requirements
  • Approved by, sold to and serviced by a long term lender
  • Various PMI Options including borrower-paid, lender-paid, and no PMI
  • Escrow of Hazard Insurance Premiums, PMI, taxes, flood insurance premiums