Home Loans
At Emprise Bank, we make finding the right mortgage easy. We will work with you to make sure you get the right type and size of loan based on your financial situation. From first-time home buyers to retiring couples who want to downsize, we have a home loan that will work for you.
We provide mortgages for the purchase of primary residences, secondary residences, and investment properties. Two types of mortgages are available:
Fixed Rate Mortgage. With a fixed-rate mortgage, you pay the same interest rate throughout the life of the loan. The interest rate is established at the time the mortgage is started and payments are structured based on that interest rate. The major advantage of a fixed-rate mortgage is that it provides a never-changing monthly payment schedule.
Adjustable Rate Mortgage. An adjustable rate mortgage offers lower initial rates for a homebuyer. However, the rate can fluctuate based on interest rate increases, making each payment different based on current rates.
We can also refinance your current home, allowing you to take advantage of lower interest rates and lower monthly payments. Refinancing also allows you to switch mortgage types, shorten mortgage terms, and even take cash out.
Let us help you choose the right loan for you.
We offer a wide variety of mortgage loan types so that we can find the right fit for you!
For current rates, please contact our Customer Service Center at 316-383-4301 or 800-201-7118, or visit your local branch.Conventional Home Loan
Finance up to 100 percent of your home’s purchase price with a conventional home loan. Our fixed rates ensure that your monthly principal and interest payments do not fluctuate throughout the life of the loan. And if interest rates decrease, refinancing options are available to take advantage of lower interest payments. These loans are available for up to $417,000.Jumbo Loan
Jumbo loans are similar to conventional loans, but are designed for purchasing or refinancing a home for $417,000 - $1 million. Fixed rate and adjustable rate jumbo loans are available.Construction Loan
You’ve decided to build a home! But how do you pay the builder while the house is under construction? A construction loan is a short-term (usually six months) loan. You may borrow up to 80 percent of the appraised value of the project, and you pay interest only on the amount of principal used. Apply for your permanent mortgage loan and construction loan at the same time, and eliminate the extra time and hassle of applying for multiple loans.FHA Home Loan
The Federal Housing Administration created a loan program designed to make home buying more affordable. Worried about the down payment? FHA loans require a smaller investment at 3 percent of the purchase price. FHA loans are available up to $200,160, and are a great fit for first-time home buyers.VA Home Loan
Veterans of the armed services, active duty personnel and reservists, and their spouses qualify for a home loan through the Veterans Administration. VA loans require little or no down payment, and provide flexible qualifying guidelines.Combo Home Loan
Reduce your monthly payment with a combo loan! A combo loan eliminates the need for private mortgage insurance, and allows you to finance up to 100 percent of your home’s purchase price. Your first mortgage is written for 80* percent of the purchase price, with a second mortgage written for 10* percent. You are required to make a down payment of 10* percent.*Percentage combinations can vary to meet the needs of the borrower.
Swing / Bridge Loan
Outgrown your current home? Downsizing to a new place? A swing or bridge loan will provide the financing you need to close on your new home before you sell your current one. Your current home is used as collateral in the purchase of your new home. With a swing/bridge loan, you are required to be able to carry multiple payments, including your new home, your existing home, your swing / bridge loan and your other financial obligations.
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