Home Loans
Conventional
Conventional loans are not insured by the FHA or VA. Generally, these are a good option for homebuyers with higher credit scores and stable employment histories. Interest rates for conventional loans are usually some of the lowest available.
Conventional Loan Features
Loan Options
- Fixed Rate Options: Terms range from 10 – 30 years
- You may use a conventional loan to finance a property in a high-cost area
- A variety of loan terms are available – your’re not limited to 15 and 30 year terms
- Down payments as low as 3% depending on your loan amount
Refinance Is Always an Option
A Refinance is designed to help you make your existing mortgage more affordable. For example, you may reduce your loan’s interest rate to reduce your monthly payments, refinance to a fixed-rate loan from an adjustable-rate mortgage (ARM), or reduce your loan’s term to save on interest.
- Your home may not require a new appraisal
- Self-employed borrowers may qualify
- Allowed property types include single-family residences, condominiums and properties in Planned Unit Development (PUDs)
- You may add or remove a co-borrower
Call one of our lenders to discuss possible options and they can run some numbers to see if it helps your personal cashflow.
TWIN RIVER BANK BRANCHES
1507 G St, Lewiston, ID 83501 — (208) 746-4848
3330 10th St, Lewiston, ID 83501 — (208) 743-4848
900 5th St, Clarkston, WA 99403 — (509) 758-4848
201 2nd St, Asotin, WA 99402 — (509) 243-8848
ATMs, Night Deposit Drops, Online Banking, Bill Payment, Remote Check Deposit, VISA ATM / Check Card email
info@twinriver.bank