Bank NMLS# 740680

Why Choose Citizens State Bank for your Home Mortgage?

At Citizens State Bank, we understand that buying your home is one of the most important financial decisions you’ll ever make. Whether it’s your first home, second home, investment (rental) property, or farm, we have a variety of products to help fit your needs.

•  Fast Loan Approval
At Citizens State Bank, we offer local loan approval and servicing, free pre-qualifications, and no prepayment penalties. Because we make our decisions locally, we can get your mortgage approved quickly so you can plan accordingly.

•  Locally Serviced Mortgage
At Citizens State Bank, you can always have your mortgage questions answered by a real live person in a timely fashion. Our mortgage team is always available to answer your questions.

•  You can make your loan payment right at a local branch
You can always make a mortgage payment at any of our locations should the need arise.

•  We can customize a loan to meet your specific need
Citizens State Bank offers a variety of mortgage programs to fit the varying needs of the community.

Online Mortgage Application

Learn more about Citizens State Bank’s mortgage products and services, or to start our convenient Online Mortgage application process.

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Mortgage Loans  (BANK NMLS# 740680)
At Citizens State Bank, we understand that buying your home is one of the most important financial decisions you’ll ever make. Whether it’s your first home, second home, investment (rental) property, or farm, we have a variety of products to help fit your needs.

•  Fixed Rate Mortgages  Mortgages where neither the interest rate nor the principal and interest payment will change during the entire term. This loan is suitable for credit worthy borrowers who desire a fixed monthly payment and who want to lock in the interest rate on their loan for the entire term.

•  Balloon Mortgages – A balloon payment mortgage is a mortgage which does not fully amortize over the term of the note, thus leaving a balance due at maturity. The final payment is called a balloon payment because of its large size. A balloon payment mortgage may have a fixed or a floating interest rate.

•  First Time Home Buyer Program – If you are a first time homebuyer, contact one of our mortgage lenders today to find out the different ways we can help you purchase your first home.

•  USDA Rural Development Program – The Rural Housing Program is designed for moderate, low, and very low income borrowers. It offers financing options for those borrowers who would not qualify for conventional or FHA loans without additional assistance. The program requires little or no down payment or out-of-pocket costs.

•  Bridge and Construction Loans  – If you’re considering building your dream home, Citizens State Bank offers bridge and construction loans at competitive rates. With our long-term rate locks, you’ll have the peace of mind of knowing that you have protection against unexpected delays that are common with new construction.

•  Second Home and Investment Property Loans – If you are going to be purchasing a second home or investment property, Citizens State Bank has a mortgage product that will fit your needs.

Home Equity Loans
As a home owner, you may be able to take advantage of our Home Equity loans and lines of credit. You could borrow from your home’s equity to buy a new car, take a dream vacation, help with college tuition, pay for home improvements, or eliminate costly credit card debt. Plus, the interest you pay may be tax deductible! (Consult your tax advisor.)

•  Home Equity Line of Credit – This loan allows you to write checks against a pre-approved credit line that is based on the equity you have built up in your house. This flexible line of credit can be used when you want, for whatever you want. It provides convenience because you do not have to re-apply for a loan when you want to borrow more funds, you simply write a check for the amount you need.

•  Home Equity Loan – Our home equity loans provide a fixed-rate, fixed-payment option when you need a one-time loan for a specific purchase or expense. 

Get your mortgage started by completing our easy to follow Online Mortgage Application.  If at any time you need to take a break or retrieve something required to complete the application, simply log out and log back in when you’re ready. By logging out, your progress will be saved, and you can pick up right where you left off.

Here’s a helpful list of what you will need to complete the application:  

  • Current and former employers’ contact information (names, addresses and phone numbers)
  • Salary history, including bonuses, commissions, dividends, rental income, etc.
  • Housing expenses (monthly rent or mortgage payment amounts, insurance payments, real estate taxes, homeowners and association dues, etc.)
  • Year, make, model and estimated value of vehicles you currently own
  • Liquid Assets (ie. assets that are easily convertible to cash), including checking, saving and money market accounts, trust funds, etc.
  • Liabilities, including balances on credit cards, auto loans, student loans, etc.

Additionally, bank representatives will need to review the following documentation once your application is accepted:

  • Paycheck stubs for all present jobs for the past 30 days
  • Copies of W2 forms from the past two years
  • Last two original monthly bank statements (all pages)