Contact Christy Uselman today at (765) 665-3396 or by e-mail to christyuselman@bankofindiana.com for more information on the following loans.
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| Fixed Rate |
This plan lets you lock in a fixed interest rate for the life of your mortgage.
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| Construction |
This plan allows you to build the home of your dreams. Upon completion of construction, your construction loan may automatically convert to a permanent mortgage loan.
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| Adjustable Rate |
The low initial interest rate and monthly payments of adjustable rate mortgages (ARMs) may change at predetermined intervals based on interest rate movements. Changes are tied to an index such as the yield on U.S. Treasury Securities. Depending on market conditions, your adjustable rate may be higher or lower than your initial rate, but all of our ARMs have periodic or lifetime rate caps to help you plan your payments.
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| Balloon |
This plan allows you to make monthly payments based on an option plan that you choose based on your financial needs. Lump sum principal balance is due at maturity. Loan may be renegotiated at maturity.
Use our online Mortgage Qualification Calculator to see if you qualify for a mortgage loan on a property you are interested in purchasing.
Contact us or stop by our banking center today to see how Bank of Indiana can help make your home-owning dreams come true today.
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