Your home may be the biggest purchase you’ll ever make. Luckily at Landmark Bank, we’re here to make it easy for you. Whether you’re searching for your new house or refinancing your dream home, we have the best mortgage options for you, including several new mortgage programs for first time home buyers.
Let an experienced real estate loans lender from Landmark Bank help you finance the right home for you.
Mortgage Options from Landmark Bank
We currently offer several exciting mortgage loan products ranging from traditional fixed-rate mortgages, to zero-percent down VA Loans and other mortgage programs for first-time buyers.
Fixed Rate Loans
Our most popular choice, fixed rate loans offer stable monthly payments and a set interest rate. It’s perfect for homeowners who don’t plan on moving anytime soon. Learn more about Fixed Rate mortgage options.
Adjustable Rate Loans (ARMs)
Adjustable rate real estate loans may be a good option if you’re looking for more flexibility and a lower initial interest rate & initial monthly payments. After your fixed interest rate period ends, your rate will adjust periodically based upon market conditions and the interest rate index tied to your loan. Learn more about adjustable rate mortgage options.
Know when you’re going to move again? Balloon loans feature a low fixed rate over a short time period, with monthly payments based on a longer amortization period. At the end of the loan term, you have the option of refinancing, subject to approval. Learn more about balloon real estate loans.
Can’t find the home of your dreams? Build it! This loan covers the costs involved to plan, design, and construct your own home. Learn more about Construction Loans.
Investment Property Loans
If you’re looking to buy a vacation home or rental property, we have mortgage options that will work for you.
Mortgage Programs For First Time Home Buyers
Landmark Bank has several great mortgage options for first-time home buyers, including low or zero-down payment options. All first-time home buyers who finance their home through Landmark Bank can qualify to receive a $700 credit towards their closing costs.
Federal Housing Administration (FHA) Loans
An FHA loan features a low down payment and a competitive interest rate. This loan is ideal for many first-time homebuyers, borrowers with moderate income, a limited down payment, or borrowers with limited credit history. Learn more about FHA Mortgage options.
Veteran’s Affairs (VA) Loans
VA Loans are for home purchases by active or discharged military members, and are eligible for 100% financing, as these loans are backed by the Federal Government. Learn more about VA Loan Mortgage options.
US Department of Agriculture (USDA) Loans
Properties in certain rural areas and individuals of certain income levels are eligible for 0% financing through the USDA to spur rural development. Learn more about USDA Real Estate Loans
Freddie Mac Home Possible® Real Estate Loans
First-time home buyers can make home ownership a reality with Home Possible Loans, in which up to 97% of the mortgage may be financed with terms similar to a traditional mortgage. Learn more about Home Possible® Real Estate Loans.