HOME PURCHASE & REFINANCE
Buying a home may be the biggest purchase you’ll ever make! The loan professionals at Wadena State Bank will make financing your home simple.
Fast & Easy
What Type of Home Are You Looking For?
We Keep It Local!
Wadena State Bank offers long-term fixed mortgages through the Federal Home Loan Bank of Des Moines, Iowa. Your loan is sold to the FHLB, but WSB has purchased the servicing of these loans so you maintain your local contact with Wadena State Bank. You make your payments to us and if you have any questions regarding your loan, you call us and not a 1-800 number. Receive the best of both worlds, competitive fixed rate mortgages with great hometown customer service!
Loan application process
In order to process your loan application quickly, the following items are needed with your completed and signed application:
- 2 years Federal Tax Return with W2’s
- 1 month current pay stubs for each applicant
- 2 months bank statements
- Verification of investments/retirement account statements
If refinancing, other documents needed are:
- Current mortgage account statement
- Current year property tax statement
- Current homeowners insurance policy