NOTICE OF CHANGES IN TEMPORARY FDIC INSURANCE COVERAGE FOR TRANSACTION ACCOUNTS

As of January 1, 2013, the standard maximum FDIC deposit insurance amount will be $250,000.

MORTGAGE PROGRAMS


Home

Finding the right financing for your new home purchase or your current home refinance can be difficult. Our lending experts take the mystery out of mortgages with customized finance programs that suit your individual needs. Your loan is handled right here at your locally-owned, independent bank by people you know.

 

Some of the programs available are:

 

Purchase Loans

♦ Owner Occupied

  • Single Family & Condos - 3 to 5% down payment
  • Duplex - 15% down payment
  • Second Home (Single Family) - 10% down payment

♦ USDA Loans

 

♦ Investment Properties

  • Single Family & Condos - 20% down payment
  • Duplex - 25% down payment

Jumbo Loans

 

Country Estates Properties

♦ 30% down payment

 

Lot Loans*

♦ Improved Land - 20% down payment

♦ Raw Land - 35% down payment

 

Construction Loans*

♦ Interest Only

♦ Requires only 20% down

 

Bridge Loans

♦ Interest Only

♦ Maximum Loan-to-Value - 75%

 

No acreage restrictions on most loans!  

Looking for a home
used to mean...         
LOCATION
LOCATION
LOCATION

Now it means          
FINANCING
FINANCING
FINANCING!  

Fox River State Bank offers free pre-qualifications so you can determine ahead of time how much home you can afford.  Get pre-qualified first, and shop for your home later. We are proud to be one of the few banks in the area that offers home mortgage borrowers the chance to make their payments locally, right here at the bank.

 

Call or stop in today to talk with one of our mortgage lenders for all your construction*, new purchase or refinancing needs.

 



For information on the government's new home modification and refinance options click here.

All products and services are subject to bank/credit approval.
*Must conform to current secondary market guidelines.


 

Fox River State Bank - NMLS #445432