Mortgages and Home Equity Loans
Buy a Home with Confidence – Mortgage Loans & HELOCs
Whether you’re buying your first home, refinancing or tapping into your home’s equity, our mortgage loans and home equity loans are designed to fit your goals. With competitive interest rates and personalized guidance, we make the process simple from application to closing.
Looking for mortgage loans near me? Our local Mortgage Consultants are here to provide one-on-one support every step of the way.
Loans for Every Stage of Homeownership
Peoples Bank offers a wide range of mortgage loan options to meet your needs.
Fixed-Rate Mortgages
Lock in stable, predictable monthly payments with competitive rates for the life of your loan.
Adjustable-Rate Mortgages (ARM)
Benefit from lower initial rates and flexible terms ideal for shorter-term homeownership.
100% Financing Options
Qualified buyers may be eligible for 100% financing, allowing you to purchase a home with little to no down payment. Ask us how you may qualify and what programs are available in your area.
Contact a local Mortgage Consultant for more information.
Jumbo Mortgage
Financing a higher-value home? Our jumbo mortgage loans provide competitive solutions for properties that exceed conventional loan limits.
Doctor Loan Program
Our Doctor Loan Program is designed specifically for physicians, residents, and fellows who may be early in their careers but are ready to purchase a home, offering flexible underwriting and competitive terms.
First-Time Homebuyers
If you’re new to the market, we provide step-by-step support to simplify the homebuying process, including Homebuyer Seminars.
Home Equity Line of Credit (HELOC)
If you already own a home, a HELOC gives you flexible access to a revolving line of credit. Use funds for renovations, debt consolidation, college tuition or unexpected expenses.
Home Equity Installment Loan (HEIL)
Turn your home’s equity into a lump-sum loan with predictable monthly payments and a fixed interest rate. A HEIL is a smart option for home improvements, large purchases or consolidating debt.
Mortgage & Down Payment Assistance
We help connect qualified borrowers with Mortgage and Down Payment Assistance programs that may reduce upfront costs. Ask our team about local, state and federal programs that could help you move into your new home.
Homebuyer Seminars
Informed buyers make confident homeowners. Attend a free Homebuyer Seminar presented by a Peoples Bank Mortgage Consultant to learn about the loan process, how interest rates work, budgeting and more.
Mortgage Payment Calculators
Explore home loan scenarios and estimate monthly payments.
The Mortgage Payoff, Adjustable-Rate Mortgage and Fixed-Rate Mortgage calculators are products of Credit.org and not created by Peoples Bank. This product should be used for estimation purposes only.
Please contact 800.374.6123 or your local branch for more information on Mortgages and Home Equity Loan products.
Ready to Apply for a
Home Loan?
Step 1: Complete the online application through a local mortgage consultant and provide proper documentation. We will pull your credit report and review your submission.
Step 2: We order the proper inspections, process the loan and make a loan decision.
Step 3: Once the loan is approved, we will contact you to schedule a closing date and help you shop for Homeowners Insurance.
Apply for a Mortgage or Home Equity Loan
Get started by filling out the form below, and a Mortgage Consultant will contact you to complete the application process.
Frequently Asked Questions
What if I don’t have money for a down payment?
Some borrowers may qualify for down payment and closing cost assistance programs that help reduce or eliminate upfront costs.
Our Mortgage Consultants can review available programs and help determine which options you may qualify for when applying for a home loan.
Are there special programs for first-time homebuyers?
Yes, first-time homebuyers may be eligible for programs that offer down payment assistance, flexible credit requirements and competitive home loan interest rates.
We also offer Homebuyer Seminars where local Mortgage Consultants will walk you through the homebuying process and offer additional educational resources to get you ready for your purchase.
What credit score do I need to qualify for a mortgage?
Credit score requirements vary depending on the type of loan or line of credit you apply for. Many programs allow borrowers with a range of credit profiles, and our team can help you explore options that best fit your financial situation.
How do I apply for a mortgage?
You can apply for a mortgage by working with a local Mortgage Consultant, completing an online application and submitting the appropriate financial documentation. Your Mortgage Consultant will review your information, discuss available home loan options and guide you through the next steps of the approval process.
How are home loan interest rates determined?
Home loan interest rates are influenced by several factors, including market conditions, credit score, loan amount, property type, and loan term. Our Mortgage Consultants can help you understand current rates and choose the financing option that fits your goals.
What if I need a Jumbo Mortgage?
If you are purchasing a higher-value property that exceeds conventional loan limits, a Jumbo Mortgage loan may be the right solution. Jumbo Mortgages allow qualified borrowers to finance larger home purchases with flexible terms and competitive rates.
What if I want to buy another home or refinance my current home?
We offer mortgage solutions for both home purchases and refinancing. Refinancing may allow you to lower your interest rate, change your loan term or access equity from your home, depending on your financial goals. We will connect you with a local Mortgage Consultant who can provide trustworthy advice and offer great rates with terms that are easy to understand.
Can I use my home’s equity to pay for home improvements?
Yes! A Home Equity Line of Credit (HELOC) and a Home Equity Installment Loan (HEIL) are two options that allow you to borrow against the value you’ve built in your home. Many homeowners use these funds for renovations, debt consolidation, education expenses or other large purchases.
Do you offer special mortgage programs for doctors?
Yes! Our Doctor Loan Program is designed for physicians, residents and fellows and may include benefits such as low or no down payment options, no mortgage insurance and flexible underwriting based on your career path.
Do you offer homebuying seminars or resources to help me prepare?
Yes! We regularly provide Homebuyer Seminars and educational resources designed to help buyers understand the mortgage process, explore financing options and feel confident when purchasing a home.
NMLS# 617258. All loans are subject to credit approval.
