Mortgage Loans

We offer two basic types of mortgage products: Mortgage Loans extended by our bank and Mortgage Loans originated by our bank as a broker. The following are some of the key points of each type loan product.

IN-BANK MORTGAGE LOANS

• $10,000.00 minimum amount
• Payments serviced by Tensas State Bank
• No Private Mortgage Insurance (PMI)
• No Escrow of Funds

Contact any branch today and ask for an IN-BANK MORTGAGE LOAN!

BROKERED MORTGAGE LOANS

• $25,000.00 minimum amount
• Flexible loan-to-value limits and equity requirements
• Approved by, sold to and serviced by a long term lender
• Various PMI Options including borrower-paid, lender-paid, and no PMI
• Escrow of Hazard Insurance Premiums, PMI, taxes, flood insurance premiums