Mortgage

Security Savings Bank has been a specialist in home financing since 1882, and our loan officers will work with you through the entire process – from preapproval, loan application, to loan closing. We’re here to help you select the mortgage program that’s best for you!

Home Loan Options Available

CONVENTIONAL FIXED RATE LOANS

 The rate will remain the same for the entire length of the chosen loan term

  • A variety of loan terms available
  • Reduced down payment options available with private mortgage insurance
  • Escrows for taxes and insurance can be set up
  • Financing available for both purchases and refinancing

 ADJUSTABLE RATE LOANS

 Variable interest rates – may provide lower initial rates and payments

  • Choice of 3 or 5 year initial fixed interest rate period
  • A variety of loan terms available
  • Reduced down payment options available with private mortgage insurance
  • Escrows for taxes and insurance can be set up
  • Financing available for both purchases and refinancing

 FIRST TIME HOMEBUYER LOANS

Security Savings Bank offers a variety of options for your first home purchase. Contact us for more information when you are ready to buy your first home.

 FEDERAL HOME LOAN BANK DOWNPAYMENT PLUS® LOANS
  • Grants available for low to moderate income borrowers
  • Funding is 'as available'

USDA RURAL DEVELOPMENT HOME LOANS
  • No down payment required
  • Fixed rate for 30 years

VA HOME LOANS
  • Must be a veteran to qualify
  • 15 and 30 year fixed rate loans available
  • Available for new loan purchases only
 

Let us help you get started!