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Due to increases in local COVID cases, we are temporarily operating by appointment, Drive-Up, and ATM at all branches starting October 7th, to keep customers and staff healthy and safe. Digital Banking remains available.

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Mortgage Lender

Which Home Loan is Right for You?

Which Home Loan is Right for You?

Posted On: October 19, 2020 by Prevail Bank in: Home Loans

 

Are you getting ready to dive into your first home purchase? Before doing so, it’s helpful to learn the difference between two types of loans offered by banks, to make an educated decision. These two loans are Portfolio and Secondary Market Loans.  Ultimately, deciding which of these loans is best for you, will depend on your preferences and unique circumstances.

What is a Portfolio Loan?

Portfolio loans are both owned and managed by your local bank. ...

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Tags: Local, Mortgage Lender, portfolio loan, secondary market loans

Bryan Wulk

Who you Work with Matters

Posted On: August 24, 2020 by Prevail Bank in: Home Loans

While finding the best rate on a home mortgage is important, so is finding the best mortgage lender to work with you. Home buyers typically make mortgage payments over the course of multiple years, so it’s important to work with a lender who can deliver on your home lending needs. There are many criteria to consider when finding a mortgage lender to work with; experience, communication, insight and credibility.

Experience

Taking a loan out on a house is no small feat, and our...

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Tags: mortgage, Mortgage Lender

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