Fixed & Adjustable Rate Mortgages

Contact Us Be confident about financing your home, whether you are buying new or refinancing an existing home, our experienced Loan Originators will work with you to help you make a decision about which loan is best for you.

Fixed Rate Loans

Freedom to choose your own term - standard 10, 15, 20, and 30-year fixed rate repayment terms or other customized terms.
Lock in rate at time of application or loan approval.
Choose from several loan types:
- Conventional
- WHEDA
- Jumbo
- Federal Veterans' Affairs (VA
Additional loan and rate details.

Adjustable Rate Loans

Up to 95% loan-to-value (LTV) available for purchasing a new home.
Up to 90% LTV for the construction of a new home.
Maximum 2% annual and 6% lifetime interest-rate-adjustment caps. ARMs usually provide an initial fixed rate term of 1, 2, 3 or 5 years and can be used to finance the purchase or construction of a new home, second home, investment property, or to refinance your existing home.
All loan servicing is done locally at North Shore Bank.
Additional loan and rate details.

Calculators

Application Checklist

EMPLOYMENT HISTORY

Names and addresses of employers for the last 2 years
Social Security numbers
Paystub for most recent full month with year-to-date earnings
Past 2 years W-2 form(s) and complete 1040 Federal Tax returns
Past 2 years of partnership 1065 tax return (if applicable)
Past 2 years of corporation 1120 or 1120S Federal Tax forms (if applicable)

ASSETS AND LIABILITIES

Last 2 months statements for checking/savings, 401(k), money markets, etc.
Documentation for any recent large deposits in accounts
Most recent statement for current mortgages (if applicable)

SPECIAL SITUATIONS (if applicable)

Bankruptcy papers (petition, discharge and schedules, letter of explanation)
Final divorce judgment and marital settlement agreement
Judgment or lien on your assets
Child support history showing no arrearage
Letter of explanation regarding all late payments and recent inquiries