Mortgage Products
Fixed Rate Mortgages
This loan offers predictable payments every month for the length of the loan with protection against rising interest rates. Jumbo fixed rate options are available for loans with larger balances.
ARM (Adjustable Rate Mortgage)
With lower initial payments, ARM Loans allow flexibility if you plan to move in a few years and are not concerned with possible rate increases.
Lock and Shop
This extended rate lock offers you an opportunity to lock in a rate for up to 120 days while you continue to shop for a new home.
Condominium Financing
No matter what phase of building your condo project is in, we offer comprehensive condo loan programs including Fixed Rate Loans and Adjustable Rate Loans.
FHA (Federal Housing Administration)
FHA loans are a great choice for those looking to purchase with little money down, as it requires less out of pocket cash up front than most conventional loans. It is also an affordable way to refinance and get cash out.
VA (Veterans Affairs)
If you are a veteran of the Armed Services, on active duty, a reservist or spouse of a veteran, you may be eligible for this easy, no down payment mortgage option.
WHEDA (Wisconsin Housing and Economic Development Authority)
For those who qualify, WHEDA offers an affordable low down payment option with competitive interest rates.
Home Ownership Loan Program
The Home Ownership Loan Program is designed for those looking to purchase a home as their primary residence within specific areas in the City of Milwaukee. This program requires less out of pocket cash up front than many conventional loans.
Mortgage Education Programs
The Equitable Bank participates in many free homebuying seminars throughout the year. We also partner with a variety of community organizations to help provide home ownership opportunities and education about credit and the mortgage lending process. Call 414.476.6434 for more information on these programs.
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