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Products and Services
WNB Financial Mortgage Services offers a professional, experienced mortgage team that can assist with all your home financing needs. Whether you’re buying, building, or refinancing a primary residence, second home, or investment property, we listen, provide expert advice, and offer a variety of products and loan terms.
For more information about our Mortgage products and services, contact your local Mortgage Team member.
Conventional or Traditional Loan
The most popular mortgage loan with low down payment options! This is a mortgage that has a fixed rate through the life of the loan, providing you consistency to help make it easier to set a budget. The monthly principal and interest payment, as well as your interest rate, will stay the same for the entire term of the loan.
Non-Traditional Loan
An option for those who don't meet secondary market guidelines. A balloon mortgage is the most common non-traditional mortgage. This mortgage typically has a short term. However, the monthly payments through this period are not set up to cover the loan term; instead, they’re calculated as if the loan was set up on a traditional long-term mortgage. At the end of the short-term period, you’ll have a “balloon” payment due that you can refinance or pay off.
Medical Professional Program
Tailored with specific benefits for those in the medical profession. With flexible underwriting and financing options, it's the perfect solution to break down the barriers of home ownership early in your medical career. Contact a WNB mortgage lender for more details.
Construction Loan
Financing for when you’re ready to build a new home or complete major renovations. This loan provides interest-only payments based on the amount drawn for the construction period. Typically throughout the construction period, the builder will take draws (payments) for work that has been completed thus far. With the help of our Mortgage Experts, once the home is complete, we can convert the construction loan into permanent financing. Read more about the construction loan process.
Residential Lot Loan
Ideal for the person looking to secure a building site for a future home. With flexible terms, this short-term loan is perfect to get the first item of building checked off your to-do list!
Recreational Land Loans
Financing for long-term personal land commitments, such as hunting land or undeveloped recreational land. With no maximum acreage limit, this product may be a good solution for you.
Bridge Loans
With flexible financing options, this program is tailored for those who may need to purchase a home prior to selling their current home. Bridge loans help bridge the gap for those who need short-term financing options.
Renovation Loans
A convenient way to borrow money for your home purchase and home renovation costs using only one loan. A renovation loan is ideal for improvements, ranging from basic repairs and updates to more expensive additions and remodels.
Junior Mortgages
Used for many different purposes, these types of loans allow you to borrow home equity while you may already have a mortgage on the property.
Home Equity Loans
Second Mortgages (also known as Home Equity Loans or Junior Mortgages) are used for many different purposes; from consolidation of debt to home improvements. This type of loan enables you to borrow against the equity you have built up in your home. We offer flexible terms with minimal costs.
Home Equity Lines of Credit (HELOC)
We offer several types of Home Equity Lines of Credit (HELOC). These are revolving lines of credit that allow you to decide how much to borrow and when. A HELOC differs from a conventional Second Mortgage. While originating a HELOC, you work with your loan officer to determine a credit limit. You may advance any amount up to the credit limit and you only pay interest on the outstanding balance. Money from the line of credit can be accessed by simply transferring it to your WNB Financial checking or savings account. This type of loan is secured by your home and normally runs for 10 years. HELOCs are not available on non-owner occupied properties. Our lines of credit have a minimum of $1,000 and the maximum is dependent on equity available.
Pre-approval
As you prepare to buy a new home, one of the most important considerations for you, your real estate agent, and the sellers is how much home you can afford. You need to find out how much money you can borrow and figure out what payment amount is comfortable for you within your overall monthly budget. Just because you can borrow a certain amount doesn’t necessarily mean you should spend that much. A pre-approval gives you a head start over less-prepared buyers. Move forward confidently and get pre-approved today!
