Insuring Your Property
Insuring your property is necessary for proper maintenance as it protects your home and other possessions from theft or damage. Most banks and mortgage lenders require ...
Construction Loans
Build or remodel your dream home
If you’re planning to build a new home or renovate your existing home, come talk with your community bank. Salem Five’s local real estate development professionals are uniquely qualified to offer you the right mortgage loan plus sound advice on site selection, house design, local builders and management of the construction process. We've helped thousands of homeowners through this process, and we take pride in our knowledge, products, and commitment to customer service. We can help you with:
- Construction to Permanent Loans, with one-step permanent loan financing and attractive fixed and variable rate options
- Home Renovation Loans including a wide array of programs
- Modular Home Loans, a specialized loan program for the construction of modular homes
Helpful Calculators
Articles of Interest
Tax Implications of Home Ownership
Owning a home carries several tax implications that you should know about before you decide to buy. The U.S. Tax Code provides a few tax benefits, including reducing your tax obligations ...
Key Mortgage Terms
Choosing to buy a home is a straightforward decision, but navigating the home loan process can be intricate, with many mortgage terms that might be new to you ...