American Savings FSB

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Search for homes in our
area with the Greater
Northwest Indiana
Association of Realtors'
Multiple Listing System
(GNIARMLS)
. Search for
properties with any number
of variables to find exactly
what you're looking for.

 



 Mortgage Loans


 

American Savings, FSB offers a wide array of mortgage products designed to fit your many possible needs.
 
bulletWe offer 30, 20, 15 and 10-year fixed rate loans.
bulletAsk about our special first-time home buyer program.
bulletWe offer 3, 5 and 7-year balloon mortgages. These loans amortize for the number of years stated, with the remaining loan balance due at the end of that term. At that time, borrowers must then either pay off the loan or refinance the remaining balance at current market rates.
bulletWe also offer 1/1, 3/1, 5/1 and 7/1 adjustable rate mortgages. The rate for these loans remains fixed for the number of years listed first (1, 3, 5 or 7 years), but then adjusts to current rates every year after.

All mortgages are subject to the following terms and conditions:

bulletRates and fees posted on our rate page are for owner-occupied properties. Non-owner occupied properties must add 1% to these rates.
bulletPosted rates are based on a loan size of $50,000. Loans less than $50,000 carry a rate 0.375% higher than the posted rates.
bulletMinimum loan amount is $20,000.
bulletFinancing is available for up to 95% of purchase price or appraised value.
bulletClick here for current rates.
 


To apply for a loan or just speak to someone with questions on our products, please contact:

Todd C. Williams   -or-   Robert Rossa
.
 


Copyright 2010, American Savings, FSB
Questions or comments,
please contact us.


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