Mortgage Solutions

Mortgage Loans

Purchasing a home is one of the biggest financial decisions you will ever make. At Janesville State Bank we strive to make the financing of your home an uncomplicated and enjoyable experience. Through our partners in the Secondary Mortgage Market we are able to offer long-term, fixed-rate mortgages. We also offer construction loans, second mortgages, balloon loans and adjustable rate loans that can be held and serviced locally. Financing is also available for second homes, vacation homes, and investment properties. Whether your are buying a new home or refinancing Janesville State Bank has a financing option to suit your needs.

Pre-Approval

• Quick and simple
• Establish your mortgage needs before shopping for a home
• Pre-approval letters available

Conventional Mortgages

• Fixed rate, adjustable rate or balloon terms
• 40-year amortizations

Minnesota Housing Finance Agency

• First time home-buyer program
• No down payment options
• Low rates
• Income limits and purchase price limits

Construction Loans

• Low rates
• Flexible Terms
• Multiple advances allowing interest to accrue only on the amount advanced
• Construction to permanent financing

Second Mortgages

• Use the equity in your home for home improvements or a variety of other purposes with a Home Equity Loan or Line of Credit
• MHFA Fix-up Fund offers lower rates on loans used to improve the energy-efficiency, accessibility, and livability of your home