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Home Mortgage Loans

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We've been helping people lay down roots since 1884 - and we're proud to continue that tradition to this day.









Benefits

  • Competitive rates for home purchase, refinance, or construction
  • Available for primary residence, second homes, vacation homes, or investment properties
  • A wide range of terms customized to your unique situation
  • Refinance your current home to potentially lower your rate
  • First State Bank lenders are familiar with the local market
  • Personalized service and fast decision-making
  • Variety of mortgage loan options, including government loans:
    • Traditional fixed rate mortgages
    • Adjustable rate mortgages (ARMs)
    • VA Loans
    • USDA Rural Housing Loans
    • FHA Loans



Find the right home loan program for you

Getting into your dream home is easier than you think when you have an experienced lender at your side who wants the best for you. We'll walk you through the process and help you choose a home loan program that fits you so well, you'd think it was built just for you. We've been helping our customers buy or build homes for more than 100 years. It's a privilege to help you, too.
There's comfort and stability in consistency, which is why these conventional loans are so popular. Terms range from about 10 to 30 years, and your monthly principal and interest payments remain the same for the life of the loan. With a loan this easy, you can focus on the parts of homeownership that are important.
 
Contact one of our lenders today to see if a traditional mortgage is the right fit for you.
Looking to buy a home with a low down payment and flexible credit requirements? Our FHA Loan program, backed by the Federal Housing Administration, is designed to help first-time homebuyers, low-to-moderate-income borrowers, and those with less than perfect credit, achieve home ownership. 

Why choose an FHA Loan?
  • Low down payment - as little as 3.5% down
  • Flexible credit requirements - Ideal for borrowers with lower credit scores
  • Competitive Interest Rates - Affordable monthly payments
  • Assumable Loans - Potential savings if you sell your home
  • Refinancing Options - Streamline and cash-out refinancing available
Who Qualifies?
  • Minimum credit score of 580 (500 with a 10% down payment)
  • Stable income and employment history
  • Debit-to-income ratio within FHA guidelines
  • Primary residence only
Whether you're a first-time homebuyer or looking for a more accessible mortgage solution, our FHA program makes homeownership within reach. Contact one of our lenders today to learn more about the FHA program. 
Our Veterans make countless sacrifices to ensure our freedom. In return, this loan gives Veterans the freedom to not have to come up with a down payment when you purchase a home. In addition, you aren't required to pay monthly mortgage insurance. 
 
Why choose a VA Loan?
  • $0 down payment - No down payment required
  • No PMI (Private Mortgage Insurance) - Lower monthly costs
  • Competitive Interest Rates - Low rates for VA borrowers
  • Flexible Credit Requirements - Easier qualification process
  • No Prepayment Penalty - Pay off your loan anytime without fees
  • Assumable Loan - May be transferred to another qualified borrower
Who Qualifies?
  • Veterans, active-duty service members, National Guard & Reservists
  • Eligible surviving spouses of service members
  • Satisfactory credit and stable income
  • Home must be used as a primary residence
With no down payment and lower costs, a VA loan is one of the best mortgage options available for those who have served our country. Contact one of our lenders  to learn more today. 
We believe in rural communities and the folks who live here. And we're big fans of this loan that allows our rural homebuyers to purchase a home with no down payment. Whatever your dream, we'll help you find a loan to support it. This loan is backed by the U.S. Department of Agriculture, and offers zero down payment, low interest rates and affordable mortgage terms for eligible homebuyers. 

Why choose a USDA Loan?
  • 0 Down Payment – 100% financing available
  • Low Interest Rates – Affordable monthly payments
  • Reduced Mortgage Insurance – Lower costs compared to FHA loans
  • Flexible Credit Guidelines – Easier qualification process
  • Available for Rural & Suburban Homes – Expanding homeownership opportunities 
Who Qualifies? 
  • Must purchase a home in an eligible rural or suburban area
  • Meet income limits set by the USDA
  • Stable income and employment history
  • Home must be used as a primary residence 
This program is designed to make homeownership more accessible for low-to-moderate-income families in designated areas. A USDA loan is an excellent option for buyers who want to achieve homeownership with no down payment and affordable mortgage terms.   Contact one of our lenders today to learn more about the USDA loan program.
If you want to take advantage of a lower fixed interest rate at the onset of your loan, followed by a rate that adjusts accordingly to an index, you may like this loan. It comes with a variety of terms, including 30-year. We'll go over all of the details to ensure you make the best loan decision for your specific needs.
 
Contact one of our lenders today to learn more.