Conventional Home Loans
At Bank of Zachary we offer conventional home loans for every need, including:
Fixed Rate Mortgages
With a Fixed Rate Mortgage, your payment won't change over the life of the loan. This may be a good choice if you are more comfortable knowing exactly how much your principal and interest payments will be or if you plan to own your home for many years.
Limited Amortization Loans
A Limited Amortization Loan, sometimes called a "balloon" loan, has a fixed rate for a defined term, but the payments are based on a longer amortization term. These loans are typically held and serviced by the Bank of Zachary, and may require less upfront fees than a longer-term fixed mortgage. Limited amortization loans are a convenient alternative to the traditional mortgage, which your Bank of Zachary mortgage specialist will be happy to describe.
If you're looking to refinance a home you already own, we can help. We’ll guide you through the many mortgage choices available, and work with you to find the loan that’s best for your needs and budget.