If there’s a chance you might move in a few years, a variable-rate mortgage might be best for you. A variable-rate mortgage starts out with a lower interest rate and lower payment. At Farmers, you can choose a variable-rate mortgage that begins with a fixed rate for five, seven or ten years. The rate may increase or decrease annually after the initial loan term and has a maximum increase over the life of the loan.

CONSTRUCTION LOAN

You have enough tough decisions to make when building your new home. Let Farmers simplify things with one loan — a single closing featuring a locked-in rate at a time of application. Your loan automatically converts to a fully amortizing, permanent loan at the completion of the construction.

AFFORDABLE LOAN PROGRAM

The Affordable Loan Program is a first mortgage loan to assist in the purchase of a home for low-to-moderate income families and low-to-moderate neighborhoods. If approved Farmers will provide grant money to assist with down payment and/or closing costs. Loans from this program can be up to 30 years and feature a fixed rate of interest with no down-payment requirements and no mortgage insurance requirements.

HOME IMPROVEMENT LOAN

Not time to move? Is it time to put some money back into your house? The home improvement loan at Farmers National Bank is an unsecured loan that requires new money. Whether you are a do-it-yourselfer or leave it to the pros, use a Farmers home improvement loan to help you pay for simple home projects or complex home improvements.

BRIDGE LOAN