Are you ready to buy your first home or purchase a different home? When you’ve found the home of your dreams, We’re the One! Iowa State Bank offers a wide selection of mortgage loan options for the purchase or refinance of a home. We have various loan programs including long-term fixed rate mortgages, first time home buyer loans, and home equity loans. To obtain current interest rates and find the right program for you, contact an expert at your nearest Iowa State Bank location.
When you need extra cash, you don’t need to spend valuable time waiting for your loan to be approved. That’s why our “lending” team is ready with low rates and fast answers to your credit needs.
We’ll work with you to make your monthly payments affordable and show you how to save money by selecting the terms that are best for you.
We’re ready to say yes to you!
Frequently asked customer questions:
- What is your interest rate? Interest rates depend on the type of product that suits an individual’s needs. ISB offers competitive long term interest rates, fixed rates, balloon rates, and variable rates. In today’s market the long term fixed rates are the most popular and give the customer the benefit that their rate will never change. ISB will help the borrower determine what product best suits their needs and will also be the most affordable.
- What are the closing costs? ISB requires the standard closing items such as: appraisal work, abstracting, attorney’s opinion, credit reports, documentation recording fees, underwriting fee and an origination fee. Iowa State Bank will take care of processing all the necessary paperwork – simplifying the process for our borrowers.
- I am “shopping” ISB stands out compared to other lenders a couple different ways. 1, we keep “the servicing” of your loan. What that means to you the borrower is that you make all your payments to ISB – not a third party. We have all your loan information at our fingertips: your paperwork, your loan balance, when you made your last payment, etc. You talk to “US” – not an automated phone service after waiting 10 minutes “on hold”. 2, ISB knows you, your situation and is able to offer personal customer service – not only with your loan, but with all your banking needs. You meet and visit with people you know – from your community. We are friendly and dedicated to serving you.
- Can you help me calculate what I can afford? ISB can help you determine what price range works best for you. It only takes a few minutes and we can give you suggestions to consider. Another option for you is to use our website calculator, www.iowastatebank.net/calculator.html. Click on one of the questions and you will have a financial calculator at your fingertips. It’s fast and easy and allows you to consider “what if” situations.
Call us or visit our nearest location for an application or more information.
Apply on-line at http://iowastatebank.mortgagewebcenter.com or contact an Iowa State Bank Loan Officer for more information.