Category Archives: mortgage

Looking to Buy a Home? Establish a Budget

Primary considerations for setting your housing budget require an assessment of your income, debt and current savings for the down payment on the home. The following are generally recommended guidelines; however, you should meet with an Arthur State Bank lender to get personalized mortgage information.

Teachers: Did You Know You May Qualify for Special Mortgage Terms?

The back-to-school season is an exciting time for teachers. If you’re a teacher, you probably spent the summer working on lesson plans, collaborating with colleagues and maybe even spared a moment or two to relax. We know you work hard and we appreciate all the work that you do. As a teacher, you may qualify…Read More→

Mortgage Brokers and Loan Officers: What’s the Difference?

Buying a home can seem like a complex process. In addition to the challenges of finding your perfect home, finding the right financing can also be a challenge. There are two types of financial professionals you may run into as your shopping for a mortgage. You may encounter mortgage brokers and mortgage loan officers. Although…Read More→

What Are the Different Types of Mortgage Loans?

A mortgage is the most significant financial transaction most people will ever make. Withlow mortgage rates, it’s a great time to buy a home. Whether this is your first mortgage or your fifth, it’s important to take a close look at the different types of mortgage loans, including home equity loans and lines of credit….Read More→