Home Loans

• W-2s (for the last 2 years)
• Recent pay stubs
• Bank statements for all financial accounts
• Personal and business tax returns

• After you Apply Online and provide your documentation, we will pull your credit report, review your documentation, and let you know if we need anything else.
• We will then order the proper inspections, process the loan, and make a loan decision.
• Once the loan is approved, we will contact you to schedule a closing date and help you start shopping for Homeowners Insurance.

Ready for more bedrooms and a larger yard for your growing family? You've always wanted a first floor master bedroom. Or maybe, the kids are grown and you're ready to downsize. At Peoples Bank, our local Mortgage Consultants guide you through the loan process, provide trustworthy advice and offer great rates with terms that are easy to understand.

Whether you need to refinance due to future goals and plans, desire a better rate, or the need for financial relief, we can make your home loan refinance work better for you.

Get access to your home’s equity to remodel your kitchen, build a backyard oasis or even send your child to college. The possibilities are endless with our home equity loans and lines of credit.

We understand...saving for a mortgage down payment can be difficult and, for some, inconceivable with all of life’s other pressures. That’s why we feel it necessary to make no down payment home loan options available.

Our mortgage consultants have extensive experience delivering mortgage products and results that require no down payment.

In fact, we have a program designed specifically to help limited income borrowers fulfill the dream of home ownership¹ – the Dreams2Keys Home Loan Program.

A few of the solutions offered with Dreams2Keys:

• Low or no down payments
• No private mortgage insurance requirements²
• No origination fees
• Flexible financing terms
• Available escrow for property repairs
• Acceptance of alternate credit references
• Fixed rate for up to 30 years³
• Eligibility based upon surrounding area, median income and number of persons in home

To find out more about our no down payment mortgage options or our Dreams2Keys Home Loan Program, partner with one of our mortgage consultants to start the application process today.

¹Dreams2Keys income eligibility is based on 80% of the county median family income where the home is being purchased. Eligibility is also based on the number of persons in the home. Borrower must meet specific underwriting criteria. Hazard Insurance must be carried on the real property securing the account, and flood insurance is required on buildings located in a Special Flood Hazard Area. See tax advisor for deductibility of interest. Interest on loan greater than Fair Market Value is not tax deductible. Escrow for taxes and insurance required, which could increase the payment amount. ²No Mortgage Insurance required for qualifying borrowers. ³Maximum LTV of 95% for 20-year term: maximum LTV of 97% for 30-year term.

If you’re seeking to obtain financing for a larger loan amount, our Jumbo Loan solutions provide the answer you need.

With Peoples Bank, obtaining financing for a higher priced home may be easier than you think. We provide jumbo loan financing for amounts ranging from $548,250 to $1,500,000, with as little as 5% down payment.

Qualify with credit scores as low as 700 for both primary and secondary residences.

Our local and personalized service and variety of financing options deliver an unbeatable mortgage product and home loan experience.

Whether you’re looking to purchase a vacation home on the coast or you are interested in building passive income through a rental property, Peoples Bank Mortgage Consultants can find a solution for your second home mortgage.

We offer different financing options for both vacation homes and investment properties, utilizing great rates and numerous financing possibilities.

Yes! Click here to learn more about our Dr. Loan Program.