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Choosing a Home Loan

Understand your complete and current financial picture to determine the best loan program for you. Review the following:

  • Anticipated changes in finances
  • How long you intend to keep your house
  • How comfortable you are with your mortgage payment changing

We can help you find the loan program to best align with your finances, life goals and your future plans.

Benefits of a Pre-Approval

Getting pre‐approved to buy a home is one of the most important steps.

Know what you can afford

Determines what you can realistically afford before you begin looking at homes.

Approved loan

Fully underwritten loan approval that includes verification of your income, credit and down payment funds.

Your offer

When you are ready to make an offer on a home, the seller will know your offer is solid.

Your Home Loan Options

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Fixed-Rate Mortgage

With a fixed-rate mortgage, your monthly principal and interest payments remain the same throughout the life of the loan. Most common fixed-rate home loan terms range from 10 to 30 years.

If you plan to stay in your home several years, a fixed-rate mortgage may be right for you.

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Adjustable-Rate Mortgage (ARM)

Adjustable-rate mortgages generally have monthly principal and interest payments that change after a set period of time, based on an external financial index. ARMs can offer a variety of features, such as a lower initial interest rate, periodic and lifetime caps on the interest rate and conversion options after construction completion. 

If you plan on relocating or trading up in a few years, you may want to take advantage of an adjustable-rate mortgage.

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Jumbo Loans

A jumbo loan is an option if you are looking to finance a home for more than $510,400. A jumbo loan exceeds the conforming loan limits and the maximum loan amount allowed by most mortgage investors. Jumbo loans potentially have some additional underwriting and property requirements.

If your situation provides you a low debt‐to‐income (DTI) ratio, an excellent credit score and a larger down payment, then a jumbo loan may be perfect for you.

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Condo Loans

Financing a condominium is different from a typical home mortgage. Our mortgage loan officers are experienced in the condo market and can help you determine if condo living is right for you.

They are knowledgeable in the financing available for a particular building, how many units are owner-occupied or rentals, what's included in the project, association budgets and insurance, and whether the property is eligible for financing.

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Medical Doctor and Dentist Loans

Specialized mortgage loans designed for medical doctors and dentists may provide benefits that include zero down payments and no private mortgage insurance (PMI) requirements. Deferred student loan debt may be excluded from loan ratios.

Learn More Learn more about financing solutions for Physicians
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Low Down Payment Loans

Several loan programs can make homeownership more affordable. These options include low down payments, down payment assistance, gifts and grants to help you finance your dream.

Learn More Learn more about low down payment loan options

The Mortgage Process

Gather your information

Gather your personal and financial documents and complete the loan application online or in person with a loan officer.

Pre-approval

We will review your income, assets and credit for eligibility. Once approved, your loan officer can provide a pre-approval letter to give to your realtor before you begin looking at homes.

Make an offer

Once you know how much house you can afford, it's time to go house hunting. When you find your perfect home, your pre-approval will allow you to make an offer quickly.

Closing

Your closing documents will be sent to the title company and you choose your closing day.

We can also help you with...

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Homeowners Insurance

Your home is likely one of your largest investments. You deserve to have peace of mind that your home and the possessions inside are protected from life’s unexpected events.

Learn More about home and condo insurance

Related Resources

Have Questions?

We're here to help.

Give us a call at 888.769.3796

EMAIL US

Loans are subject to credit and property approval, bank underwriting guidelines, and may not be available in all states. Other loan programs and pricing may be available. Certain conditions, terms, and restrictions may apply based on the loan program selected. The term of the loan may vary based upon program chosen. Property insurance is required; if the collateral is determined to be in an area having special flood hazards, flood insurance will be required.

Kathy Deverney
Kathy Deverney, VP Senior Mortgage Loan Officer, Racine, WI

Your Trusted Mortgage Loan Officer

Whether you are buying your first home or moving into a new home, we will be there to guide you every step of the way.

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