Online Banking Center
There are many reasons you may need to borrow money, whether for personal purposes, to purchase a new automobile or home, or to expand your business. Whatever your individual needs may be, our staff is ready to assist you in finding the financing that is right for you. Our goal is to make loans in our lending area that are competitive and hassle free for the consumer. Alden State Bank is locally owned and operated and our focus is on keeping our deposit money working in our local area in the form of loans.
Mortgage Loans for purchase money or consolidation:
- Long term mortgages with fixed interest rates available
- Jumbo loans
- Adjustable interest rate mortgages
- Three year balloon mortgages
- Construction loans and home improvement
- Home equity lines of credit
- Junior Lien loans
- Bridge loans
- Vacant land loans
- Mobile Home loans
Fixed interest rate mortgages are offered with competitive interest rates and terms including low down payments. Construction loans and home improvement loans are offered with interest payable monthly on your outstanding principal balance and all due at maturity. Long term financing is available upon completion.
Home equity lines of credit and junior lien loans allow you to use the equity in your home for personal purposes. Bridge loans are available with interest only payments while you are in the process of selling your current home and purchasing a new home. They are written on a one year basis with long term financing available once your current home sells.