Want to finance that hobby farm? Maybe your home sits on a larger parcel of land? Perhaps you plan to refinance or sell in the next five years? There is a good chance you will need a non-conforming real estate loan. Our In-House Balloon Mortgage is designed primarily for these circumstances. This loan guarantees your monthly payment for the first five years and then re-prices at prevailing rates. You benefit from lower up-front costs with options and flexibility that you will not find in a conventional mortgage.
Best reasons to consider a Farmers State Bank In-House Balloon Mortgage
Applying for a loan at Farmers State Bank is easy!
If you have any questions, you can simply Contact Us or call one of our mortgage experts at (507) 645-5929.