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Home Starts Here
Buying a home is more than a transaction—it’s a major milestone, and we’re here to make it feel personal, not overwhelming. Whether you're a first-time buyer or refinancing your forever home, our experienced lending team takes the time to explain your options clearly and guide you every step of the way. Because when you bank where you belong, you get more than a mortgage, you get a partner who’s with you from start to finish.
How can we help you today?
Refinance Options
Refinancing replaces your current mortgage with a new one—often to lower your rate, change your term, or reach a specific financial goal. Because refinancing can include costs similar to a new mortgage, it's smart to compare the savings to the fees and how long you plan to stay in your home.
- Lower your rate/payment: When market conditions or your credit profile support it.
- Change your loan term: Shorten term to build equity faster or shorten to reduce payment.
- Cash-out refinance: Best undertaken when you have a clear financial or home goal in mind.
Conventional Home Loans
A conventional loan is a loan that is not backed by the U.S. government. Instead, a conventional loan is backed by private lenders and typically adheres to guidelines set by Fannie Mae and Freddie Mac. They are a common way to finance your home and can include both fixed and adjustable rate options. Conventional mortgage options at State Bank of Bement include 15, 20, and 30 year mortgages.
Veterans Affairs Home Loan
A mortgage option available to eligible U.S veterans, service members, and certain surviving spouses. VA loans are provided by private lenders like State Bank Bement while the VA guarantees a portion of the loan.
- No down payment required.
- Competitively low interest rates.
- Limited closing costs.
- No need for Private Mortgage Insurance (PMI).
Do you qualify for a home loan through the VA? Click the link below to find out:
FHA Loans (Federal Housing Authority)
An FHA loan is a mortgage loan offered by an FHA approved lender and insured by the Federal Housing Administration. As the loan is secured by the backing of the U.S. government these loans are great options for first time home buyers and may be easier to qualify for than an alternative home financing option.
USDA Rural Housing
A USDA Rural Housing Loan is a mortgage offered by the United States Department of Agriculture. Rural Housing Loans are designed to help people purchase, build, or improve their home with little to no down payment. These loans greatly reduce the hassle residents can encounter when trying to access safe, decent, and affordable rural housing.
Home Equity Lending
Home Equity Line of Credit (HELOC)
A HELOC is a revolving line of credit that allows you borrow repeatedly during a "draw period", then repay during a repayment period. HELOCs often have variable rates, so payments can change over time.
Good for:
- Ongoing projects (repairs, remodels), or expenses that come in phases
- Borrow what you need when you need it
Home Equity Loan
A home equity loan is typically a lump-sum loan secured by your home, often with a fixed rate and set payment.
Good for:
- Home improvement
- Debt consolidation
- Big ticket purchases