LOAN programs

Our primary business is making loans for the purchase, construction and refinance of homes. We also lend on residential rental properties, commercial real estate, and on vacant land. We make fixed and adjustable rate home equity line of credit loans.

This is a summary of some highlights of our loan programs. Please stop in, call us or email us for details. We've been helping families own their homes since 1895 and we want to help your family, too. We're proud to be an Equal Housing Lender, so you know you'll receive fair treatment from us.

Contact a loan officer today! (Click on a name)

Main Office              (740) 653-3863 • (800) 650-0987
		Larry Findley   nmls id #404892
		Susan Fernow  nmls id #404890
		Shery Kern   nmls id #404889
		Cathy Glenn   nmls id #732450
LOAN CLOSING DEPT. (Main Office)
		Robin Ball
west fair office                                      (740) 653-1895
		Debbie Souders   nmls id #404894
		JanEtta Hussey   nmls id #404895
pickerington                                             (614) 863-0333
		Kristy Fosnaugh   nmls id #404893
		Bev Stratton nmls id #404888

Fixed Rate Home Loans
Fixed Rate Home Loans can be made for up to $1,000,000 and 90% of the appraised value. We offer terms to 30 years.
• No application fee.
• No prepayment penalty.
• Estimated closing costs are $700.00 plus Appraisal Fee and Title Charges*.
• We do not require Private Mortgage Insurance (PMI).

1-4 Family Rental Property Loans
Loans up to 85% of the appraised value or purchase price (whichever is lower).
• No application fee.
• No prepayment penalty.
• Estimated closing costs are 1% of the loan (minimum $700) plus Appraisal Fee and Title Charges*

Three types of Rental programs are available:
• A 25 Year fixed rate
• A 30 Year ("1/1") Adjustable Rate
• A 30 Year ("5/1") Adjustable Rate

5 or more Residential Property
& Commercial Property Loans
Specifics will vary depending on your
individual situation.

Land Loans
• Loans up to 65% of the appraised value or purchase price (whichever is
   lower). Maximum loan $100,000.
• No application fee.
• No prepayment penalty.
• 10 Year 1/1 ARM.
• Estimated closing Costs are 1% of the Loan (Minimum $700) plus Appraisal Fees and Title Charges* .
• $100,000 maximum

Home Equity Line of Credit
• No application fee.
• No prepayment penalty.
• 10 year draw period (Interest only).
• Additional 10 year repayment period.
• $10,000 Minimum.
• $50 Annual Participation Fee
• Free checks.
• Minimal closing costs.
• Fixed and adjustable rates.
• See our rate sheet for competitive rates.

Loan Details
Adjustable Rate rental, commercial, and vacant land loans have a margin of 4%. All ARM loans have an annual cap of 2% and a life-of-loan cap of 5%.

• Interest Rate buydowns available.
• 300 day Rate lock is available.
• We have a written preapproval service for no fee.
• We do not require escrow of taxes or insurance.
• Credit Concerns? We do not use credit scoring. Our credit standards are available to you upon request.

• We do not sell loans. We are not bound by secondary market rules.
• No prepayment penalty, no surprise costs at closing.
• Neighbors Helping Neighbors program for first-time homebuyers in Fairfield County.

Loan Closing Convenience
We use many title companies to close our loans. Call for a current list of title companies.

Lending Area
We lend in Fairfield, Franklin, Licking, and Pickaway Counties.

*Appraisal Fee and Title charges are based on the type of loan and loan amount. Title charges include, but are not limited to, closing fees, title examination, commitment fee and title insurance. Recording fees and Flood Plain determination fees apply to all loans.