For more information on mortgage types or rates, please contact your Town Square Bank Loan Officer.
Your home is probably the biggest investment you will make during your lifetime. How you finance your home is one of the most important financial decisions you will make. Our mortgage lenders will work directly with you to determine the right solution for your needs.
A locked-in fixed-rate mortgage provides you with the security of having the same interest rate over the life of the loan and the comfort of knowing that your monthly principal and interest payment will not change.
Adjustable-Rate Mortgage (ARM)
An Adjustable Rate Mortgage (ARM) may provide customers with the flexibility of a lower starting interest rate and initial monthly payment. ARM loans are better for those who are not planning to stay in the property for a long-term, or expect their income to rise over time. It is important to keep in mind that the rate adjusts based on market rates, and fluctuates periodically based on financial market conditions, which may result in a higher monthly payment.
Building a new home or purchasing a home under construction? Town Square Bank offers great solutions to help you save both time and money.
Home Equity Lines of Credit
Your home has been busy building equity over the years. In other words, money you can access through a Home Equity Line of Credit. Whether it’s that dream kitchen or paying college tuition, the equity you have built in your home can provide you with financing options.
Like a credit card, you only pay interest on the amount you’ve used from the line of credit. It is like a low-interest pre-approved loan where you have access to money when you need it.
USDA Rural Development
Looking for a traditional home loan with no down payment required and flexible credit guidelines? Let Town Square Bank make your dream of homeownership a reality with the USDA Loan.
USDA Loans are limited to rural areas that are not in city limits and have less than 20,000 residents.
- 100% financing up to appraised value for qualified buyers
- New and existing homes are eligible
- No maximum loan amount
- Low fixed interest rates
We have the key to your new home! Town Square Bank offers many programs assisted through a governmental agency that helps with the purchase or refinance of a home. The FHA (Federal Housing Administration) Home Loan offers many attraction solutions for customers with limited or no credit experience.
- Low down payment
- Down payment and closing cost assistance available in Kentucky
- Manufactured Homes financing available
The VA (Veteran Assistance) loan was developed for Veterans allowing them to find affordable housing at a good interest rate.
- 100% financing
- Closing cost assistance available
- No mortgage insurance required
- Veteran eligibility required
Lisa G. Belt
E. Tommy Cobb
Tyler S. Ragains
Ryan Curtis Steger
NMLS ID 761827
NMLS ID 483231
NMLS ID 827177
NMLS ID 793016
NMLS ID 839312
NMLS ID 794546
NMLS ID 761830
NMLS ID 61311
NMLS ID 688992
NMLS ID 922135
R. Bruce VanHorn
NMLS ID 41531
NMLS ID 810010
NMLS ID 804928
NMLS ID 440173
NMLS ID 440176
NMLS ID 483232
NMLS ID 440179
NMLS ID 440175
NMLS ID 827178
NMLS ID 483233
NMLS ID 612644
For more information, contact a Customer Service Representative at your Banking Location.