Mortgages
Whether you are buying a new home or refinancing your existing one, there is a lot to think about: Interest rates, monthly payments, closing cost, etc. We will help you navigate the mortgage process and find a home loan that is right for you.
At Union Bank, we can help you consider your options to find the best mortgage that fits your needs.
Home Loan Programs
Home Purchase
If you are buying your first home or looking to relocate, we can help you find the right mortgage that fits your needs.
Known as a conventional mortgage, because it’s not backed by a government agency.
Also known as Rural Development loans. Qualified buyers can use these to buy a home with no down payment.
These mortgages require down payments of only 3.5% for qualified buyers.
Active servicemembers, veterans (and some surviving family members) may borrow up to 100% of a home’s value at a fixed interest rate.
Home Equity Options
Used to obtain a lower interest rate are to borrow against your property’s value.
Similar to a mortgage. A Home Equity Loan gives you a flexible line of credit by borrowing against your home’s value.
Talk to a Lender To Find The Best Mortgate For You
If you are not sure where to start or which mortgage is right for you, we have got you covered. Just contact us online or visit one of our 10 branches in West Central Arkansas and the River Valley: Mena, Paris, Wickes, Hatfield, Clarksville, Ozark, Waldron, Booneville, and Russellville.
