Home Mortgages

Current Mortgage Rates

New Buffalo Savings Bank serves all of Harbor Country with three loan offices in New Buffalo, Sawyer and Three Oaks, Michigan.

We think it is important to know your lender. Our mortgage loans and home lending decisions are made locally. Our loan experts help each guest find the best program suited to their specific needs. Our loan processors and servicers are on site to attend to issues immediately, helping to make your experience comfortable for the life of the loan.

Applying for a loan has always been a one-on-one service at New Buffalo Savings Bank. Whether you apply in person or online, you’ll have one loan officer throughout the entire process available for all your questions.

Envision your family in a new house today!

95% – 5% Home Buyer Program

Would a 95% mortgage and only a 5% down    payment help you get in the door?

  • Only a 5% cash down payment
  • Makes getting into the home of your dreams feasible
  • Certain restrictions may apply

Conventional Fixed Rate Loan

  • Fixed interest rate on life of loan
  • Fixed monthly principal and interest payments; tax and insurance escrows subject to change
  • Interest rate influenced by;
    • Personal credit score
    • Loan to value
    • Term of loan
    • Points, if any, paid at closing

Adjustable Rate Mortgage Loan

  • For a set number of years, the rate of the loan will be fixed. After that time, it may be adjusted up or down based on rate index
  • The interest rate may adjust upward affecting the monthly mortgage payment.

New Construction Loan

  • Interest only for 12 months
  • 1% point will apply
  • Escrows may apply
  • Certain restrictions may apply

Downloadable Application: Click here

Interested in HUD? Click here

Making Home Affordable Program

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