Mortgage Loans for your Home Purchase

Citizens State Bank will help you find the perfect home loan for your upcoming home purchase. We have Conventional Loans, USDA Loans, FHA Loans, VA Loans Specialty Loan Programs and Non-conforming Property Loans. 

Conventional Loan

A conventional loan is any mortgage that is not guaranteed or insured by the US government, such as VA, FHA, and USDA. When most people think of a mortgage, they’re thinking of a conventional loan.  You can qualify with just 3% down and a 620 plus credit score.

  • Down Payment as Low as 3%
  • No PMI (Private Mortgage Insurance) with 20% Down Payment
  • Eligible for 2nd Home or Investment property
  • Lower Interest Rate for Borrowers with good credit 


A USDA home loan is a zero down payment mortgage for eligible rural and suburban homebuyers.  They’re issued  by the United States Department of Agriculture through the Rural Development Housing Program.  Despite the name, many suburban areas qualify for USDA financing.  Find out if your new home-to- be is in a designated rural development area.  If so, you may qualify for one of the best mortgage programs available.                                           

  • No Required Down Payment               
  • Low Fixed Interest Rates
  • No Prepayment Penalty

FHA Loan

An FHA loan is a mortgage insured by the Federal Housing Administration (FHA).  FHA allows lenders to offer loans with below-average interest rate, easier credit requirements, and low-down payments.  FHA Loans are more popular with first time, lower-income, and/or lower-credit home buyers, thanks to their flexibility and low rates. FHA financing is not limited to first time home buyers.

  • Down Payment as low as 3.50%
  • Relaxed Credit Standards
  • Competitive Rates 

VA Loan

A VA Loan is guaranteed by the United States Department of Veterans Affairs (VA).  The Program is designed for American Veterans including U.S. military, reservists and select surviving spouses (provided they do not remarry). It can be used to purchase single family homes, condominiums, and multi-unit properties.  The VA does not originate loans, but sets the rules for who may qualify, issues minimum guidelines and requirements under which mortgages may be offered. They financially guarantee loans that qualify under the program.  The basic intention of the VA Home Loan Program is to supply home financing to eligible veterans and to help veterans purchase properties with no down payment.

  • No Required Down Payment
  • Relaxed Credit Standards
  • Competitive Rates
  • No Mortgage Insurance

Specialty Loan Program

A Specialty Loan Program is a unique type of Temporary Loans that allow you to purchase or build a new home without selling your current home first. 

  • Bridge or Swing Loan
  • Monthly Interest only Payments
  • Possibilities of 100% financing for the purchase of new home
  • Competitive Rates

Non-Conforming Property Loan

A Non-Conforming Property Loan is a loan to finance income producing properties, manufactured homes, excess land or hobby farms. Properties that do not qualify for conventional or government loan programs.

  • Purchase or Refinance
  • Competitive Rates
  • Finance up to 80%
Start your loan process today!