Mortgage Loans

We offer two basic types of mortgage products: mortgage loans extended by our bank and mortgage loans originated by our bank as a broker.

In-Bank Mortgage Loans

• No minimum amount
• Flexible loan-to-value limits and equity requirements
• Payments serviced by Delta Bank
• No Private Mortgage Insurance (PMI)
• No Escrow of Funds

Brokered Mortgage Loans

• $25,000 minimum amount
• Flexible loan-to-value limits and equity requirements
• Approved by, sold to, and serviced by a long term lender
• Various PMI Options including borrower-paid, lender-paid, and no PMI
• Escrow of Hazard Insurance Premiums, PMI, taxes, and flood insurance premiums

         

Delta Bank offers both products to all qualified applicants without regard for race, color, religion, sex, national origin, age, marital status, disability, familial status, and receipt of public assistance or exercise of consumer rights.