Mortgage:

Buying a home can be one of the most exciting moments in your life.  However, shopping for a home loan can be a little overwhelming.  Let a home loan lender with Pinnacle Bank guide you through the homebuying process!

When shopping for a home loan, you will naturally be concerned with interest rates, closing costs and other important issues. Let Pinnacle Bank help you decide which home loan is right for you. Pinnacle Bank offers a variety of financing options including competitive fixed rates and flexible in-house programs.  Our home loan lenders can help you understand the loan process and what you can expect for down payment, closing costs and monthly payment obligations.  They can work with you one-on-one to help you determine the right mortgage loan, how much you are pre-qualified for and provide you with a prompt loan decision.

Pinnacle Bank Offers:

• Competitive rates
• Variety of loan products and options
• Limited closing costs
• No cost pre-approvals
• Quick/Local decision making
• Personal expertise from a local banker

Home Equity:

If you are a homeowner; a home equity loan or a home equity line of credit may be a great option for home improvements, larger purchases (cars, boats, RV's), vacations, or even consolidating your debts into one low monthly payment. Interest you pay may be tax deductible; ask your tax advisor for details.  The decision between the different options should be made wisely.  Pinnacle Bank will explain your options and assist you in selecting the right program to fit your needs.

Refinancing:

As mortgage rates drop, current home owners may benefit from refinancing their current mortgage loan.  Call our home loan lenders to find out the current mortgage rates and let us help you determine the possible benefits of refinancing.  Be cautious of unsolicited offers to refinance your home from lenders by mail or e-mail.  Not all mortgage lenders or institutions are the same.

Construction Loans:

If you are considering building your own home; be sure you visit with Pinnacle Bank to disucss our flexible construction loan program.

Helpful Links:

Home Buying Process - Fannie Mae:  http://www.fanniemae.com/portal/helping-homeowners-communities/home-buying-process.html

Beware of Scams - Fannie Mae:  http://www.fanniemae.com/portal/helping-homeowners-communities/mortgage-fraud.html

Avoiding Foreclosure - Fannie Mae:  http://www.fanniemae.com/portal/helping-homeowners-communities/foreclosure-help.html

Buying a New Home - HUD:  http://portal.hud.gov/hudportal/HUD?src=/program_offices/housing/sfh/buying/buyhm

First Time Home Buyer Programs - Iowa Finance Authority:  http://www.iowafinanceauthority.gov/en/for_home_buyers/