 |
 MORTGAGE LOANS
First-Time Home Buyer Loan - Heritage Bank understands the needs of the first-time home buyer. Heritage understands that the two largest obstacles to home ownership for many first time home buyers is the down payment and the monthly income requirements. Heritage has established a first time home buyers loan that is a conventional loan which requires as little as a 3% down payment. This aspect of the loan minimizes the amount of down payment required and with the present low mortgage interest rates, it is a prime time for prospective home buyers to take advantage of this loan.
"Combination" Loan
This loan covers the construction and the long-term financing of the home after completion with only one closing and one set of closing costs. The cost savings can be significant over two loans and two closings. The long-term loans after the construction period is completed can be 15, 20 or 30 years.
Construction Loan
Heritage Savings Bank has been constructing loans in southern Utah since 1917. If you are in the market to build your own home, we have a great program available to meet your needs.
Other Mortgage Loans
Heritage offers long-term loans of 15, 20 or 30 years. Balloon loans with a 30 year amortization can have a 5 or 7 year balloon.
Click here to learn more about Mortgage Loans 
 95 East Tabernacle, PO Box 579 St. George, Utah 84771 Phone: (435) 628-0433 Fax: (435) 628-5638 |
