At Tri-County Bank, we are committed to building lasting relationships with our clients.
One of life’s biggest investments is your home. At Tri-County Bank, we can help you become a first-time homebuyer, refinance to consolidate debts, and help to purchase your dream home.
Tri-County Bank offers Conventional and Government financing for owner-occupied residences. Below are some of the differences and qualifications for our mortgage loans:
Conventional Loan (Freddie Mac or Fannie Mae)
Home loan that requires as little as 3-5% down payment.
- Competitive interest rates based on current market.
- Private mortgage insurance is required on loans with less than 20% down payment.
- Terms include 10, 15, 20, and 30 years.
- Adjustable and Fixed Rates
- Manufactured homes on a permanent foundation allowed.
- Credit scores as low as 620
Government Loans
Government loans allow for a smaller down payment, even zero per cent down payment. Options include USDA/Rural Housing and VA (Veterans Administration).
- Competitive interest rates based on current market.
- Terms include 10, 15, 20, and 30 years.
- Adjustable and Fixed Rates
- Credit scores as low as 640.