Mortgage & Home Equity Programs
Take advantage of our mortgage loan experience and let us help get you into a new home. You can't beat our closing costs or interest rates!
First Mortgage Loans
We offer in-house mortgages, brokered mortgages, fixed rates, variable rates, and terms up to 30 years without paying outrageous closing costs. We have the flexibility to do what is best for you.
Tired of paying mortgage insurance or a high interest rate on your mortgage loan? Often, you can save thousands of dollars just by refinancing your existing first mortgage. Download this graphic to see if a mortgage refinance would benefit you.
Umbrella Home Equity Line of Credit
With our, Umbrella Home Equity Line of Credit we have you covered. This loan allows you to pay for those expenses that come up in life with the versatility to lock all or portions of your line of credit into low, fixed rates and terms. You can lock in a rate that will stay low. You can use this product to buy a car, consolidate bills, establish a line of credit, remodel your house, or go on your dream vacation. And the best part, the interest you pay may be tax deductible.* Come and discuss your options with a TransWest Loan Officer today!
Membership and Eligibility Required. On approved credit. Mortgage rates are subject to change without notice. Minimum loan amount of $10,000 and maximum loan amount of $200,000. A fee may apply when relocking fixed rate portions.
*Consult your tax advisor concerning interest deductibility.
Second Mortgage Loan
We offer fixed and variable rates with terms up to 15 years. Depending on your credit, we'll loan up to 90% of the value of your home. We also have low closing costs. Often, the smart way to finance a auto or boat is to finance it with your home. Use the equity in your home to buy your next car; you'll most likely be able to deduct the interest. (Remember, the interest on a traditional car loan is not tax deductible).
Home Equity Loan
Our Home Equity Loan is designed to make your home work for you. Your home is your biggest asset and now you can use your equity to consolidate credit cards and other high interest debt, increase the value of your home by making those long awaited improvements, afford those high priced family expenses like college or buy that car or RV you've been wanting. The best part is that you may be able to deduct the interest expenses on your taxes.* Contact one of our qualified loan officers today to get started.
Membership and Eligibility Required. On approved credit. Mortgage rates are subject to change without notice. Minimum loan amount of $10,000 and maximum loan amount of $150,000. *Consult your tax advisor concerning interest deductibility.
VA Home Loan
Millions of veterans and service personnel are eligible for a VA home loan. Even though many veterans have already used their loan benefits, it may be possible for them to buy homes again with VA financing using remaining or restored loan entitlement. We recommend calling a mortage loan officer to find out if you are eligible.
Some of the benefits of VA Loans are:
- 100% Financing on a purchase and/or refinance
- No down payment is required for the majority of qualified borrowers
- Sellers contributions are allowed
- No Private Mortgage Insurance required
- Lower average interest rates
- High Balance VA products available
Reverse Mortgages allow qualified senior borrowers access to the equity in their home while keeping the title to their home. You will not have mortgage payments for as long as you live in your home. This program is designed and insured by the Federal Housing Administration to help seniors in their retirement years.
Apply online with our Loan Application.