Home Mortgage

Buying your home is a major event and should be a happy one. Exchange State Bank helps make it easier with a wide variety of home loans, including fixed rate and adjustable rate mortgages, weekly, bi-weekly, and monthly payment loans and construction loans. Escrow is optional. We’ll be happy to help you decide which one works best for you.

Home Equity

This loan lets you finance big or small purchases with the equity you’ve built in your home. An Exchange State Bank Home Equity loan is a line of credit that you can use again and again. This loan offers a variable interest rate, no pre-payment penalties, interest charge based on outstanding balance and interest may be deductible. (Consult a tax advisor regarding the deductibility of interest.) Fixed rate, fixed term installment Home Equity loans are also available. Talk to one of our loan officers to learn more.

Federal Home Loan Bank

This loan offers long-term fixed rates. We provide local, in-house servicing on all accounts and have low closing costs. Talk to one of our loan officers to learn more. To learn more, click here.

For more information, e-mail us at: loans@lanarkbank.com