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You have a house in mind, but does the rest of the process get a bit hazy? No problem — turn to our experienced team to guide you home.

Key Features

  • Competitive Rates
  • Local Processing
  • Quick Decisions
  • Competitive rates for home purchase, refinance, or construction
  • Available for primary residence, second homes, or vacation homes
  • A wide range of terms customized to your unique situation
  • Variety of financing programs available:
    • First-time homebuyer specials
    • Fixed-rate mortgages
    • USDA Rural Housing Loans
    • FHA Loans
  • Helpful loan advisors with working knowledge of the local real estate market
  • Free pre-qualification for extra confidence when buying your home
  • Refinance your current home to potentially lower your rate
  • Quick, local decision-making and processing
  • Attentive, friendly service from start to finish

All applications are subject to qualifying credit and underwriting approval.


FACTORS THAT IMPACT APPROVAL

We’ll look at these six items (and possibly other factors) when considering your application:

INCOME: We examine all sources of income. This helps us determine how much money is coming in on a monthly basis. As a rule of thumb, plan to spend no more than 28% of your gross income on your monthly house payment (principal, interest, taxes, insurance).

PRESENT DEBTS: How much money do you presently owe to others (your monthly debt obligation) and to whom?

CREDIT RATING: We’ll obtain a credit report from a credit reporting agency to find out your history with credit card companies, previous mortgages and bank loans, plus any public records dealing with financial matters. This is standard financial practice.

DOWN PAYMENT: How much have you set aside for the down payment? Will it be a gift from a relative? There are other options for additional funding that we can help you explore if needed.

ASSETS: After you’ve made the down payment and paid all closing costs, how has this affected your net worth?

APPRAISAL: A certified appraiser may evaluate the house you plan to purchase, to determine the maximum loan amount.

Homeownership is something many families strive for, but it is difficult to save for a down payment on a first home. Fortunately, the Iowa Legislature has created an income tax credit for first-time homebuyers. This program isn’t limited to borrower’s themselves. The program allows for anyone to open an account and gift the money — as long as the funds are used toward the purchase of a first home.

Interested? Contact us to learn more!

Contact a Lender
Janie Norton

Janie Norton

Residential Real Estate Lender
Personal Lender

NMLS: #464878
Location: Carlisle 
Phone: (515) 989-3600
Email

*Please do not submit sensitive information through email.

Mike Claussen

Mike Claussen

Residential Real Estate Lender

NMLS: #31320
Location: Indianola 
Phone: (515) 962-1400
Email

*Please do not submit sensitive information through email

Jenna Porter

Jenna Porter

Residential Real Estate Lender

NMLS: #1256574
Location: Seymour 
Phone: (641) 898-2284
Email

*Please do not submit sensitive information through email.

Clark Ridlen

Clark Ridlen

Residential Real Estate Lender
Personal Lender

NMLS: #655335
Location: Indianola 
Phone: (515) 962-8010
Email

*Please do not submit sensitive information through email

Central Iowa's success is at the center of what we do.

When you win, we all win. That’s why we put our profits back in our community. It’s more than just philanthropy to us — it’s a responsibility.

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