Government Loans

Pre-Qualification

Even if you are still looking for the perfect home, you can take the first step by obtaining a pre-qualification letter confirming the amount you may be able to borrow. Once you are ready to buy, contact your Loan Officer to complete the application process.

You can visit our Resources page to gain insight into the mortgage process including:

• Mortgage calculators to help create estimated payments
• Frequently asked questions regarding the loan application process and loan closing
• Glossary of terms that may be used when you purchase your home
   

United States Department of Agriculture (USDA) Rural Development

Rural development home loans sponsored by the USDA.

• Income limits may apply
• Must be located within an eligible rural area
   

Veterans Affairs (VA)

Home loans specifically designed for Service Members and their families. 

• Mortgage loans for Service members, Veterans and eligible surviving spouses
• Guaranteed portion of loan

Federal Housing Administration (FHA)

Loans in partnership with FHA.

• Down payment possible
• ​​​​​​​Available on 1-4 unit properties

Are you ready to move forward? Click Here for Lender contact information. You can also begin by completing our online application process. A Community Banker will contact you after you submit your application. 

_{*Loan Serviced by Morton Community Bank.
Certain qualifications and restrictions apply. Offer of credit is subject to credit approval.}