Mortgage Loans in Nebraska

This loan allows you to get a set amount of money, and repay it with regular monthly payments. The interest rate is usually set for the life of the loan.

You’ll receive approval for a maximum amount, and borrow as needed. Interest rates vary on term of loan. Five Points Bank has 1, 3 and 5 year HELOC’s available.

Even brand new homes often need gradual improvements, upgrades and repairs. You’ll want to take care of your investment, and home improvement loans give you the freedom to do just that. Five Points Bank can help you take out a home equity loan or a personal loan to cover home improvement expenses. Contact us today to get started!

Whether you are purchasing or refinancing, this traditional choice, has a fixed interest rate for 30- 20- 15- or 10- years.

These loans are larger than the limits set by Fannie Mae and Freddie Mac. Because jumbo loans are not funded by Government-Sponsored Enterprise (GSE), they usually carry a higher interest rate and some additional underwriting requirements.

We’ll work with you and your general contractor on financing so you can buy a lot and/or build a home.

If you want to buy a developed lot to build on later, this could be the loan for you. The terms and amortization period are flexible to keep costs in line until construction begins.

Bridge loans allow you to buy a house before you sell your existing one. Your offer on your new house can be more attractive to sellers if it doesn’t have a contingency clause about selling your existing home. These loans can also be set up so you don’t have to make payments for several months, to ease the transition between the two homes. Talk to our mortgage lenders to see if a bridge loan might be right for your situation.

If you’re buying a house for the first time, you can take advantage of a low interest rate along with the possibility of receiving grant money or homebuyer’s assistance to help pay for closing costs and the down payment.

To be eligible, homebuyers must meet certain income criteria, complete a homebuyer education/counseling program and provide a minimum down payment. Please contact a mortgage loan officer for more details.

Veterans Affairs loans are available to active military members, veterans and surviving spouses (who do not remarry), and are an attractive option because they don’t require a down payment, nor private mortgage insurance. Some other restrictions apply – come see us today to see if you qualify.

This low-interest loan program offers financing for improvements and systems that save energy dollars. Loans cover improvements to appliances, insulation, windows, doors, weather stripping, high efficiency heating/cooling, water heaters, thermostats, lighting and more. Check with our lending experts for more details.