A fixed rate loan may be a good choice for people who expect to live in a home for an extended period or who seek to plan and budget without factoring potential interest rate fluctuations. As the most popular mortgage program for homebuyers, a fixed rate mortgage offers the stability and consistency of predictable monthly principal and interest payments for the life of the loan.
First time home buyers may consider an FHA or VA mortgage. Available to most first-time homebuyers, FHA mortgages allow you to move into your new home with less out-of-pocket cash than required with most conventional loans.
With some of the easiest qualifying requirements of any home loan, veterans of the armed services, active-duty personnel, reservists and their spouses may consider a VA mortgage.
Building your own home is the American dream. West Bank can help make your dream a reality by providing you with a flexible mortgage loan. West Bank offers construction mortgage loans to meet progress payments without paying interest on un-disbursed funds.