Conventional Loans
- Fixed rate and balloon mortgages originated by our banks and serviced by our banks
- Flexible terms
- Low closing costs
- No prepayment penalties
USDA Rural Housing
- Fixed rate and “leveraged” loan programs
- Guaranteed by United States Department of Agriculture (USDA)
- No down payment required
- Designed for households with moderate and lower income levels and/or first time homebuyers
- Maximum household income is limited and based on family size
- Home financed must be located in a USDA approved rural community
- No prepayment penalties
Secondary Market Loans
- Long term fixed rates
- Loans are serviced by Scott State Bank – Maroa which is a FHLMC approved lender
- Payments may be made at any of our locations
HOW TO APPLY?
Stop by or call any of our banks to request a standard residential real estate credit application. You may also click on the “Apply Online” link above.
- 217-665-3321 Scott State Bank, Bethany
- 217-874-2396 Scott State Bank, Dalton City
- 217-424-9831 Scott State Bank, Decatur
- 217-794-2227 Scott State Bank, Maroa
- 217-864-3321 Scott State Bank, Mt Zion
- 217-668-2334 Scott State Bank, Niantic
- 217-728-7722 Scott State Bank, Sullivan
