Home Mortgage Loans

Whether you’re looking to buy a new home or refinance, a home mortgage loan from Buckeye State Bank offers competitive rates along with local service from our awesome team—just down the street. We’re here to listen to your needs and help you every step of the way!

We take care of you better than any other lender can or will.

I was new to the area and had not used Buckeye State Bank before. Even without having a history at the bank, their services were excellent. 

-Alexandra

Tell us what you’re looking to do!

Buy A Home Refinance Build/Renovate

The Mortgage Process

1

Apply with us.

  • Online
  • Over the phone
  • Stop into one of our branch offices

You’ll provide basic information about yourself (the “vitals”), what you’re looking for in a loan, employment and income information, and savings/assets. Don’t worry—this only takes about 10-15 minutes. We’ve been doing this for a long time, building a trusted relationship along the way.

3

Underwriting

Once you’ve signed all the initial documents (and if buying a home, once your offer has been accepted), we’ll

  • collect support documentation like paystubs, bank statements, and tax information
  • order the appraisal to verify the home’s value
  • work to issue final credit approval
  • keep you in the loop the entire time!

We make this part as smooth as possible, so that while we do our stuff behind the scenes, you can sit back and relax!

2

Clear Mortgage Plan.

Yes, if you’re looking to buy a home, we’ll work to make sure you have a pre-qualification letter in your hands! But there’s pre-qualified, and then there’s having a clear mortgage plan. We’ll work together to make sure you

  • are choosing the right loan program that suits your budget and needs
  • understand all the ins and outs—rate range, terms of the loan, cash requirements, etc.
  • feel confident when it comes time to make an offer on the right home
4

Sign and Close.

We’ll work with you to schedule your closing where you’ll sign all the final documents. Front to back, we typically can get you closed in 3-4 weeks. Then it’s time to do your happy dance! YOU JUST BOUGHT A HOUSE (or just enhanced your financial livelihood with a refinance)!

Apply Now

Community Banking at its finest.

We are 100% committed to serving our communities through partnerships that forge the strongest of lasting relationships. Don’t get lost in the shuffle with the big box banks. We invite you to join us on our mission to keep banking local!

Mortgage Calculators

Spend some time playing with the numbers yourself!

Buying a Home

Owning a home is one of the biggest financial decisions you’ll make. And we’ve got you covered. As your trusted mortgage advisor, we’ll work together to build a clear mortgage plan tailored to your needs—whether this is your very first home or not.

When you start the process with us at Buckeye, we’ll be sure to discuss

Your budget and savings

Your financial goals

What you’re looking for in a house

Your credit

The right loan product for you

We can also connect you with one of our pre-vetted, trusted real estate agents to help with your search.

Get A Free Rate Quote Chat with a Mortgage Professional Apply now

Refinancing

So you already own your home, but now looking to make some changes:

Lower your rate or payment

Consolidate debt

Do some home renovation

Find funding for a project or purchase

Let one of our Mortgage Professionals help you find the best program to accomplish your goals. At Buckeye State Bank,

  • our process is seamless, coupled with local decision making
  • we stay in touch with you the whole way through, start to finish
  • we can typically complete your refinance within 3-4 weeks

Get a free rate quote Chat with a Mortgage Professional Apply now

Construction and Renovation

One of our specialties. We’ve been doing renovation and construction for a long time, and we’re good at it. All our processing and decision-making is right here in house. We’ll work with your contractor from start to finish to make sure your home turns into is exactly what you’ve been envisioning.

Construction Loan

Use this to help you build your very own custom home with the builder of your choice.

  • Minimum down payment: 20.00%
  • One-time closing, no need to convert to permanent financing later
  • Low adjustable rate
  • Convenient draw schedule options

Home Renovation Loan

Used for renovations on your existing home, like kitchen remodels or room additions.

  • A 2nd mortgage, behind your current 1st mortgage
  • Loan amount based on as-completed value
  • Choose your own qualified contractor

Cash-out Refinance

If you don’t need to tap future equity and/or you want to manage the renovation yourself, this is for you.

  • Borrow up to 80% of the current value of your home
  • Cash back goes directly to you for you to use however you desire
  • No mortgage insurance!

Home Equity Line of Credit (HELOC)

A flexible 2nd mortgage line of credit that lets you come and go as you please!

  • Borrow up to 90% of the current value of your home, less what you owe
  • Only pay interest on what you use
  • Open to use again and again for 10 years
  • Low monthly payments

Get a free rate quote Chat with a Mortgage Professional Apply now

Ready to get started?

Let’s get you pre-qualified—it’s free! And quick. And painless.

Apply Now

Still thinking?

That’s okay! We’ve got answers for you.

Chat with a Mortgage Professional Learn About Loan Programs Play with a Payment Calculator

Loan Programs

There are lots of options out there. We’re here to help you find the perfect fit.

Conventional Loans

The most commonly used loan type, these routinely offer the best terms for those with good credit and good income.

  • Minimum down payment: 3.00%
  • Fixed rate or adjustable rate
  • Typically cheaper PMI (when applicable)
  • Good first-time buyer programs

FHA Loans

Insured by the federal government, these loans have relaxed credit and income requirements, but with slightly higher fees.

  • Minimum down payment: 3.50%
  • Mortgage insurance required
  • Same processing times as conventional loans

First-time Buyer Programs

  • Fannie Mae HomeReady or Freddie Mac HomePossible down payment of just 3.00%, better interest rate pricing, and cheaper PMI. Income-based. (Can be used even if not a first-time buyer.)
  • Welcome Home Funds through the Federal Home Loan Bank (FHLB) – down payment assistance up to $20K, or $25K for veterans! Learn more HERE.
  • Other down payment assistance programs:
    • Columbus American Dream Down Payment Initiative (ADDI) - $7,500
    • Franklin County Homeport.

USDA Loans

Also insured by the federal government, these help borrowers purchase in more rural settings with no down payment!

  • Minimum down payment: 0.00%
  • Income-based, geographic restrictions
  • Same processing times as conventional loans
  • No PMI, but a small “rural development” monthly fee

VA Loans

A federally-insured loan to help active duty military, veterans, and surviving spouses. Best of all, no down payment!

  • Minimum down payment: 0.00%
  • VA Funding Fee (based on usage)
  • Same processing times as conventional loans
  • No income or geographic restrictions

Construction Loan

Use this to help you build your very own custom home with the builder of your choice.

  • Minimum down payment: 20.00%
  • One-time closing, no need to convert to permanent financing later
  • Low adjustable rate
  • Convenient draw schedule options

Home Renovation Loan

Used for renovations on your existing home, like kitchen remodels or room additions.

  • A 2nd mortgage, behind your current 1st mortgage
  • Loan amount based on as-completed value
  • Choose your own qualified contractor

Jumbo and Other Options

  • Jumbo Loan: loan amount of $726,200+. Minimum down payment = 10%.
  • Bridge Loan: tap equity in your current home to help with a down payment for a new home.
  • Investor Cash-Flow: loans for investment properties that cash flow, no income documentation required.
  • Bank-statement Loan: for self-employed borrowers who show better income on bank statements.
  • Land Loan: not ready to build quite yet, but found a nice plot of land? This is for you.

Want to talk further about loan program specifics?

Chat with a Mortgage Professional

Ready to get started?

Apply Now