Fixed Rate Mortgage Loans
Peoples Security Bank offers fixed rate residential mortgage loans with maximum terms to 30 years. Competitive interest rates, flexible terms and low fees make our fixed rate mortgage a viable option for many customers.
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Adjustable Rate Mortgage (ARM) Loans
Let our mortgage professionals show you the many advantages of an adjustable rate loan. Advantages include a lower initial interest rate and lower monthly payments along with flexible terms and low origination fees.
We offer several adjustable rate mortgage products including one, five, seven and ten year ARM’s. Our mortgage professionals will help you understand how future rate changes can affect your loan.
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Construction Mortgages
Our construction loan program is one of the very best within our markets. PSBT construction loans offer a one-time closing with a guaranteed rate lock at the start of the project. Interest only payments on funds advanced during the nine-month construction period are followed by regular amortizing monthly payments upon completion of your residence. All PSBT fixed and adjustable rate products are available for residential construction mortgages.
When choosing a construction lender, look to Peoples Security Bank and Trust for local, personalized, professional service backed by a bank serving our local communities for over 100 years.
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First Time Home Buyers
We offer first-time home buyer programs that work with government financial assistance programs to allow for flexible down payments and maximum financing. Let us help you realize the dream of owning a home.
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