Are you looking to purchase a new home? Come talk to the people you know you can trust to determine how much house you can truly afford.

A mortgage will likely be one of the biggest and most important long-term financial commitments you will ever make. When you start looking for that new home, it is a good idea to first find out how much you can truly afford to borrow before you talk to a Realtor to look at homes.

Stop in to talk with one of our mortgage specialists at Deerwood Bank today and get pre-qualified. We will walk you through the pre-qualifying and home buying process. With a good understanding of your income, savings and debt load, we can advise you as to the maximum amount you can afford to spend on a new home. If you already have a particular home in mind, we will discuss your financing options to make your dream of buying a new home a reality.

Would you rather build?

We will talk with you to help you understand the importance of how points, APR, fixed or adjustable rates and the length of the loan term provide the proper foundation of a construction loan that will stand the test of time.

Get Pre-Qualified Now!

Become Pre-Qualified today by filling out our easy online Application Form»

Mortgage Loan Calculator

The accuracy of this calculator depends on your input and its applicability to your circumstances is not guaranteed. Results should be discussed with a qualified professional before any product purchases or loan commitments are made.


Frequently Asked Questions

Q: Where can I learn more about Shopping for a home loan?

Check out this handy Settlement Costs Booklet to find out more.

Q: Do I need a 20% down payment to buy a home?

No, Deerwood Bank has low down payment options to help get you into a home. It is important to speak to a mortgage specialist regarding options and qualification.

Q: How can I find out what my mortgage payment will be?

The Mortgage Calculator will provide you with an estimate of your mortgage payment. It is important to also take into consideration figures such as property taxes, homeowners insurance, mortgage insurance, association fees, etc. A Mortgage specialist can provide you with more detailed payments.