Mortgages & Loans

Mortgage Lending

Are you ready to buy a new home?

To provide the flexibility you need, depending on your individual situation, Progressive Bank offers a number of different types of home mortgage products with varying interest rates and repayment schedules.

What home mortgage products are available from Progressive?

  • Conventional Fixed Rate Mortgages
    • 100% Financing Availbale
    • Several term options to choose from
    • Fixed monthly principal and interest payments

  • Adjustable Rate Mortgages (ARM)
    • Interest rate changes at predetermined intervals
    • Can grow into higher rate and payment as income increases
    • For rate protection, ARMs have annual and lifetime rate limits

  • Rural Development
    • 100% Financing- no down payment required
    • Loans may include closing costs
    • No monthly Mortgage Insurance

  • FHA/VA Mortgage Loans
    • Offered through government agencies
    • Federal Housing Authority
    • Veteran's Administration
    • Feature low or no down payment terms

  • Alternative Financing For Special Lending Needs
    • Self Employed
    • State Income Loans
    • No monthly Mortgage Insurance for qualified buyers
    • Jumbo Loans

How do I find out more about home mortgage loans from Progressive Bank?

Any of our mortgage loan specialists can give you information or recommend the right home mortgage for your situation.

For more information .

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