Building Futures One Home Mortgage at a Time
If you're considering buying a home or need a home improvement loan, Central State Bank in Iowa is here to help you achieve your dream of homeownership. As a community bank, we are committed to guiding you through each step—from loan application to closing. Our mortgage lending experts are ready to assist you at every stage, from ensuring you find the best loan for your needs to offering continued support after you complete your application.
We also have an easy, online application so you can apply for a loan right away!
Home Loans Designed To Benefit You
Along with conventional mortgages, some of our specialized loan products include:
Types of Home Loans Available
In addition to conventional mortgages, Central State Bank provides options that make homeownership more accessible. Our loan products can help you buy with less money down, lower your mortgage payments, or secure better mortgage rates.
Fixed Rate and Adjustable-Rate Loans
We offer both fixed-rate mortgages (FRMs) and adjustable-rate mortgages (ARMs) in various term lengths. Fixed-rate loans provide stability with consistent payments, while adjustable-rate loans typically start with a lower rate that changes over time.
First-Time Home Buyer Loans
As a leading mortgage lender in Iowa, we aim to make your first home purchase a smooth experience. You won’t need a mortgage broker; our Loan Officers are here to guide you through every step, helping you understand what you can afford and exploring down payment resources, loan types, and assistance programs. Our dedicated lending staff, who live and work in the local community, pride themselves on providing exceptional service throughout the entire loan process.
Home Loans for Veterans
We proudly support our veterans with specialized Veterans Affairs (VA) home loans. Our offerings include fixed-rate conventional loans for active-duty personnel, reservists, and veterans. Both purchase and refinancing loans can provide up to 100% financing at competitive rates. To learn more about veteran home loans, visit the Federal VA website.
USDA Home Loans
Central State Bank also offers USDA home loans, which are designed for low- to moderate-income families in rural areas. These loans typically require no down payment and feature competitive interest rates, making it easier to achieve homeownership in eligible locations.
FHA Loans
Our FHA loans are another great option, particularly for first-time buyers. These loans have lower down payment requirements and more flexible credit guidelines, allowing you to qualify for financing with less hassle. FHA loans are backed by the Federal Housing Administration, providing peace of mind as you embark on your journey to homeownership.
Refinance A Mortgage With Us
Work With A Local Iowa Bank That Understands You
As a local banking institution, we understand the unique needs of our community. Our dedicated team of mortgage experts will work closely with you to assess your financial situation and homeownership goals and explain various loan options to help you choose the best fit. We will guide you through the application process with clarity and transparency and provide ongoing support and advice, even after your loan closes. Whether you are in the market for a traditional 30-year fixed-rate mortgage, refinancing to get a lower interest rate, or hoping to qualify for an advantageous program (such as VA loans or USDA loans), we can help you!
Call ahead to your nearest central Iowa bank location and make an appointment with one of our lenders to explore all of your options. They can help you find the right loan with the terms and mortgage interest rate that work best for you. At Central State Bank, we're more than just a lender – we're your neighbors and partners in building a stronger community through homeownership.