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Financing Options

We have more ways to say YES!

Financing options to fit your specific needs.

With a Fannie or Freddie loan, you can potentially purchase your dream home with no down payment, if you qualify for one of our down payment assistance programs. Whether you are a first-time home buyer or looking to upgrade to a larger space, we have a variety of conventional loans to choose from, including fixed and adjustable rate mortgages, all with attractive interest rates and low closing costs.
For larger home loans we offer jumbo loans with fixed rate and adjustable rate terms. Our jumbo loans feature attractive interest rates and low closing costs.
USDA provides 100% financing for homes in a designated rural area. These loans offer affordable fixed rates and no private mortgage insurance, along with flexible credit qualifying guidelines.
The VA Home Loan Guarantee Program helps veterans purchase, refinance, or build homes. These loans are packed with money-saving advantages, including 100% financing with no mortgage insurance. VA loans feature attractive interest rates and flexible credit qualifying guidelines.
With an FHA loan you can potentially purchase your dream home with no down payment, if you qualify for one of our down payment assistance programs. FHA loans feature low down payments, attractive interest rates, low closing costs, and flexible credit qualifying guidelines. 
If you plan to build a new home, purchase a home that needs an upgrade, or want to renovate your existing home, we can assist you. Our construction loans offer low closings costs, and we offer a closing credit on your permanent loan when the construction/renovation project has been completed. Our construction loan approval and construction disbursing processes have been refined to provide a superior borrower and builder experience.
A bridge loan can help you purchase a new home before you have sold your existing home. By using the equity in your current home to acquire your down payment funds, you can purchase your new home now, and then pay off the temporary bridge loan when you close on the sale of your existing home. Bridge Loans are not available in Texas.
Residential Lot Loans allow you to purchase a lot on which you plan to build a new home. If you find the perfect lot, you don’t need to wait until you are ready to build your new home. You can purchase the lot now, work on creating your new home plans with an architect, and then select a builder. When you’re ready, we can provide the construction and permanent financing as well.
Providence Bank offers portfolio loans which can offer homebuyers and homeowners greater flexibility in the loan approval process. Our portfolio loans feature fixed and adjustable rate terms, and attractive rates and low closing costs.
We strive to meet the needs of everyone in the communities we serve, and we believe that increased home ownership benefits our communities. Providence Bank offers loans to specifically meet the needs of low-to-moderate income households. These loans have low down payment requirements, flexible underwriting, and are compatible with down payment assistance programs.
With approved credit. Standard credit qualifications and other terms and conditions apply. Product rates and terms subject to change. Ask for details.