First State Bank Shannon Polo offers a variety of loan programs to meet your needs. We work with the leading lenders in the industry to provide:
 
30 Year Fixed Rate
20 Year Fixed Rate
15 Year Fixed Rate
5 Year Balloon
7 Year Balloon

30 Year Fixed Rate
Rate fixed for 30 years Up to 97% Loan to Value for qualifying borrowers

Term: 30 years   Maximum Amount: $417,000

20 Year Fixed Rate
Rate fixed for 20 years Up to 97% Loan to Value for qualifying Borrowers

Term: 20 years   Maximum Amount: $417,000

15 Year Fixed Rate
Fixed Rate for 15 years Up to 97% Loan to Value for qualifying Borrowers

Term: 15 years   Maximum Amount: $417,000

5 Year Balloon
Rate Fixed for 5 years, 15 or 30 year Amortization period

Term: 5 years   Maximum Amount: $417,000

7 Year Balloon
7 Year Fixed Rate, 15 or 30 year Amortization period

Term: 7 years   Maximum Amount: $417,000



Unless otherwise indicated, these APR calculations are based on the following: Conforming loans (whose maximum loan amount is below $484,350 for the contiguous states, District of Columbia, and Puerto Rico or below $636,150 for Alaska, Guam, Hawaii and the Virgin Islands) are calculated based on a loan amount of $417,000 with closing costs of $8,340. Jumbo Loans (whose maximum loan amount exceed $484,350 for the contiguous states, District of Columbia, and Puerto Rico or exceed $636,150 for Alaska, Guam, Hawaii and the Virgin Islands) are calculated based on a loan amount of $1,000,000 with closing costs of $20,000. Your actual APR may be different depending upon these factors.