Home Loans Built for Your Unique Needs
There are plenty of mortgage lenders out there. So, what sets Ergo Bank apart? Our mortgage lending team puts you first. Each mortgage loan in our office begins the same way – a discussion between you and your Ergo Bank lender. We’ll work with you to understand what you can borrow, go over your options, and answer your questions. From pre-approval to closing, your loan is managed by our lenders with local service. Contact one of our offices to speak with our lenders and start your mortgage loan application process.
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Compare Your Mortgage Loan Options at Ergo Bank
Loan Type | What You Need to Know About This Loan |
|---|---|
Fixed-Rate Mortgages | A fixed-rate mortgage locks in your interest rate for the entire term of the loan, providing predictable monthly payments. Ideal for borrowers who plan to stay in their home long-term and prefer stability in their payments. |
Adjustable-Rate Mortgages (ARMs) | An adjustable-rate mortgage starts with a lower fixed interest rate for an initial period, then adjusts periodically based on market conditions. Suitable for borrowers who plan to move or refinance before the adjustable period begins. |
Home Equity Line of Credit (HELOC) | A HELOC allows you to borrow against the equity in your home as needed, with a variable interest rate. It's great for covering unexpected expenses, home improvements, or other large purchases. Ideal for homeowners with significant equity who need flexible access to funds. |
Construction Loans | A construction loan provides financing for building a new home. Funds are disbursed in stages as construction progresses. Perfect for borrowers looking to build their dream home from the ground up. |