Buying a Home

Local Lending Leaders

You deserve a choice when it comes to financing for your home because home ownership is such an important part of our lives. Oak View National Bank's home loan professionals make it easy for you to buy, refinance or build a home. Buying a home can be a rather daunting task; our professionals will work closely with you and help you select the home financing program that is right for you. Guiding you through the entire home financing process will be people you know and trust - people who enjoy making dreams come true.

Home financing loans at Oak View National Bank fall into two major categories: Oak View In-House Mortgage Loans and secondary-market mortgage loans. Yes, unlike many banks today, we still offer in-house mortgage loans. We do this so that we can make the final decision and, thus, have the ability to offer much more flexibility than the secondary-market permits. We also offer secondary-market mortgage loans that offer more interest rate options than we are able to offer in-house.

Oak View In-House Mortgage Loans

  • Flexible loan to value limits (subject to credit approval)
  • Closing costs (Attorney, Appraisal, Title Insurance, Recording Fees, etc.)
  • No private mortgage insurance (PMI) required
  • No escrow of hazard insurance, real estate taxes, etc.
  • Lending decisions made locally which allow us to provide creative solutions to get you into your home.
  • Loan applications are taken by Oak View apply
    • We process the application and help you through the process.
    • Loan approval and loan funding by Oak View
    • Loans are owned and serviced by Oak View
    • No limit to acreage

Secondary-Market Mortgage Loans

  • Fixed rate mortgages and adjustable rate mortgages are available
  • Closing costs (Attorney, Appraisal, Title Insurance, Recording Fees, etc.)
  • Various private mortgage insurance (PMI) options available if needed for higher loan-to-values
  • Escrow of hazard insurance premiums, PMI, real estate taxes, etc.
  • Optional rate buy-downs with discount points
  • Pre-qualification available, at no cost to you, even before you start house hunting. Our pre-qualification letter may make your purchase contract more attractive to a seller.
  • Loan applications are taken by Oak View apply
    • We process the application and help you through the process.
    • Oak View does not own or service the loan
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Oak View National Bank, an independent and locally owned community bank, is proud to offer a full range of financial services for commercial and retail customers as well as not-for-profit entities. Oak View believes in listening to the needs of its customers, understanding the community's financial needs, and responding fully by supporting individuals, small businesses, and local nonprofit organizations. Oak View has locations in Warrenton, Marshall and Culpeper, Virginia.

 
Friday, February 24, 2017