We'll Get You Home
Legacy Bank offers some of the most competitive mortgage rates in the area and has many mortgage loan options tailored to meet the needs of you and your family.
Experienced Loan Professionals
Personalized Service
A Variety of Lending Options at Competitive Rates
What You Need to Get Started
Gather Documents
Documentation for all borrowers, including:
- Social security number
- Contact information
- Employment information
Gather Estimates
Best estimates for:
- Income
- Assets
- Liabilities
Loan Professionals Ready to Help
Our friendly staff is here to help you with all your mortgage needs. We will use our expertise to find the right home loan for you.
Home Loans
Legacy Bank offers some of the most competitive mortgage rates in the area. We have many loan options designed to meet your individual needs.
Fixed Rate
Maximum loan amount is $726,200
Monthly principal and interest payments stay the same for the duration of the loan, providing you with a predictable monthly payment for ease of budgeting. Fixed rate loans also offer an option to refinance if interest rates decrease. With fixed rate mortgages, you pick the payment schedule that is right for you. Purchase and refinancing transactions are available for the following:
- Primary Residence
- Investment Properties
- Second Homes
Adjustable Rate
Maximum loan amount is $726,200
With an interest rate typically lower than that of a fixed rate mortgage, your initial payments are reduced. Following an initial fixed rate period, the interest rate can adjust annually based on the movement of a specific index plus a margin. Monthly payments change as the rate changes annually.
VA
Maximum loan amount is $726,200
Veterans of the armed services, active duty personnel and reservists as well as their spouses qualify for a home loan. VA loans require no down payment and can provide flexible qualifying guidelines.
FHA
Maximum loan amount is $472,030 for single-family dwellings
FHA loans are insured by the Federal Housing Administration. The purpose of the FHA is to make housing more affordable for more home buyers. More lenient loan qualifications are provided in comparison to a conventional loan. Lower down payments and relaxed qualifying guidelines combine to make FHA loans ideal for first-time and low-to-moderate income home buyers.
Rural Development / USDA
Promoting self-sustaining, long-term economic and community development in rural areas, the USDA provides select areas a 100% with low annual fee, financing plan available through Legacy Bank.
Residential Mortgage Rates
Note: scroll left and right to view full table.| Product | Rate** | Points | APR** |
|---|---|---|---|
| 30 YR. Fixed [1] | Call For Rates | 0 | Call For Rates |
| 20 YR. Fixed [2] | Call For Rates | 0 | Call For Rates |
| 15 YR. Fixed [3] | Call For Rates | 0 | Call For Rates |
| 5/1 ARM | Call For Rates | 0 | Call For Rates |
| FHA 30 YR. Fixed | Call For Rates | 0 | Call For Rates |
| VA 30 YR. Fixed | Call For Rates | 0 | Call For Rates |
| USDA 30 YR. Fixed | Call For Rates | 0 | Call For Rates |
- For Example: Repayment terms 360 monthly payments of $4.86 per $1000 borrowed.
- For Example: Repayment terms 240 monthly payments of $6.24 per $1000 borrowed.
- For Example: Repayment terms 180 monthly payments of $7.60 per $1000 borrowed.
**Based on loan amount of $110,000 to $510,400 and a CREDIT SCORE OF 740 OR GREATER.
Please contact a representative for rate quotes on loan amounts under $110,000 and CONSTRUCTION loans. Rates apply to owner occupied purchase loans only, Conventional 80% LTV. Rates are based on a 45-day lock and are subject to change.
This is not a commitment to lend.
Legacy Bank is Ready to Help With All Your Lending Needs!
Contact one of the loan professional above or visit the nearest branch location.
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