Real Estate Loans

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Submit your application online in as little as 20 minutes! If you have additional questions before applying, please call us at 800-463-7782.

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Why choose First State Bank & Trust for your Real Estate Loan?

At First State Bank and Trust, we provide a wide range of loan options tailored to suit any budget or circumstance. With competitive rates and flexible terms, we strive to meet your needs. Our lending officers are not only knowledgeable but also offer the friendliest service—if we may say so ourselves. Choosing a local lender for your home loan purchase, construction, or refinance ensures you receive the convenience you deserve while managing one of your most significant investments. Thank you for selecting us as your trusted home loan lender!

We are committed to making your experience as seamless and stress-free as possible. Whether you're a first-time homebuyer or looking to refinance your existing mortgage, our team is here to guide you every step of the way. We take pride in our community-focused approach, ensuring that every client receives personalized attention and expert advice. At First State Bank and Trust, your dreams of home ownership are our top priority. Let us help turn your aspirations into reality with the financial solutions you can trust. Visit us today to learn more about how we can assist you on your journey to a new home.

What type of Loan are you looking for?

Click a loan type below, or keep scrolling to browse all of our different real estate loan options.

FHA Loans

3.5% Min Down Payment

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VA Loans

0% Min Down Payment

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USDA Loans

0% Min Down Payment

USDA Loans

Conventional Loans

3% Min Down Payment

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Loan Types

Conventional Home Loans

A conventional loan is a great option when purchasing a new home or for rate-term or cash-out refinance on your current home loan.

On a purchase loan, the required down payment ranges from 3% to 5% depending on the loan that’s the best fit for you.
Gift funds may be used for some types of conventional loans when purchasing a home.
Ask about grant funds when purchasing your first home.

VA Loans

VA loans are a great home loan option for veterans. Thank you for your service!

No down payment required, no mortgage insurance, lower closing costs and relaxed credit requirements.
A VA loan also can be used for a rate-term or cash-out refinance.
Ask about grant funds when purchasing your first home.

USDA Loans

A USDA loan is a popular choice for first-time homebuyers.

No down payment required.
Income limits apply depending on where the home is located.
Ask about grant funds when purchasing your first home.

FHA Loans

An FHA loan is a popular choice for first-time homebuyers or those with lower credit scores.

Down payment of 3.50% required.
Gift funds may be used when purchasing a new home.
Ask about grant funds when purchasing your first home.

Jumbo Loans

Jumbo loans are for loan amounts exceeding the conventional loan limit and begin at $484,350.
May be used for a loan to purchase a new home or to refinance your current home loan.

Residential Construction Loans

With a construction loan in your name, you manage draws from your loan and make payments to directly contractors building your home.
12-month loan with interest-only payments while your home is being built.
When home is 45 days from completion, we’ll begin the application process for your 10-, 15-, 20- or 30-year mortgage loan.

Vacant Land Loans

Considering building your own home? The first step in that process is purchasing the land. First State Bank also helps with the next steps – your construction loan and the mortgage loan once the home is complete.

Down payment of 20% required on land loans.
If purchasing land for other purposes (for example, recreational or agriculture use), contact the bank and speak to one of our commercial lenders.
Contact the bank at 800-463-7782 and speak to a personal banker to apply.

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Home Equity Line Loans

If you’ve got equity, use it! Use the equity in your home to renovate and update your home pay off high interest rate credit cards, pay for a college or a wedding, travel, or any other need.

First State Bank offers two options:

Revolving line of credit: Use funds as you need them while making a monthly payment. This is a 10-year loan to use whenever you wish.
Equity loan: Receive all funds at closing (non-revolving loan) with monthly payments.
Your personal banker will help you determine the best fit.

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Ready to Apply?

Submit your application online in as little as 20 minutes! If you have additional questions before applying, please call us at 800-463-7782.

Apply Online

Meet Our Lenders

Click on the name of the Loan Officer you want to work with for contact information. You can also visit their personalized web site where you can complete a secure online application. You may also contact our Loan Officers by phone or e-mail.

Real Estate Lenders