Homebuyer Assistance Program
BSNB offers options that can make homeownership more affordable. Learn more here or speak to a Mortgage Loan Originator.
Extended Rate Lock Periods
BSNB will offer extended rate lock protection for customers that are purchasing a new construction home in a subdivision. The time frame for builders to construct your new home can range from five to nine months. BSNB provides rate protection for 180 days to 270 days. BSNB also offers extended rate lock periods of 180 Day and 270 day rate lock on our One-Close Construction Loans. . This will protect your interest rate in a rising rate environment until closing. Please contact a registered Mortgage Loan Originator to discuss rate lock options and terms in greater detail.
Private Mortgage Insurance (PMI) Options
BSNB offers mortgage financing options with no borrower paid mortgage insurance. A mortgage with no mortgage insurance enables our customers to make a smaller down payment and could reduce monthly mortgage payments. Please contact a registered Mortgage Loan Originator for additional information on our no-PMI options.
Bi-Weekly Mortgage
BSNB offers biweekly mortgage payments on 15, 20, 25 and 30 year fixed rate mortgages. In order to qualify for this program you must set up your mortgage payments to be deducted from a BSNB checking account. Biweekly payments can reduce the length of your loan, saving on interest payments.
Please see our Rates page for pricing.