Mortgages
No matter if you’re buying your first home, second home or home away from home, we’re here to help you through the process every step of the way. Together, we will find a solution that best fits your needs.
Open Fixed Rate Mortgage
No surprises here. With a fixed rate mortgage, the interest rate remains the same for the entire life of the loan making budget planning a breeze.
Open Adjustable Rate Mortgage
As the market rates fluctuate, so will an adjustable rate mortgage.
Open Balloon Mortgage
For this loan the ratio of principal to interest changes throughout the repayment period, typically leaving a large balance at the end of the loan life. This is an ideal option for commercial property or land.
Open Kentucky Housing Corporation: FHA/USDA Mortgage
Qualified applicants, both first time and repeat homebuyers, may be eligible for this government backed loan with down payment assistance available.
Open Refinancing
Need to change your loan terms? Refinancing your existing loan with a new one could be a great solution.
Open Bridge Loan
This short term loan helps homebuyers during the transaction period of buying and selling a home, secured by your existing home.
Open Home Equity Line of Credit (HELOC)
Life doesn’t wait, and neither should you. Take the liberty to access the equity in your home to fund your goals. Like remodeling your home, sending your child to college or finally taking that vacation you’ve always wanted. The freedom is yours.
Benefits include:
- Consistent payments
- Easy access to approved funds through convenience checks
- Up to 85% loan-to-value not to exceed $250,000
Call or stop by your nearest Independence Bank location today for current rates, terms and conditions.
Open Construction Loan
Building a home? You many need a short-term loan during construction that covers building costs, prior to permanent financing. This one is for you.
Open Jumbo Loan
For home loans exceeding $510,400, a jumbo loan offers additional fixed and adjustable rate options.
Prefer to start your journey from the comfort of home? We offer a variety of lending options, many of which you can apply online today and get prequalified.
Disclosure
Specific information about servicing concerns or a suspected error on a mortgage secured loan should be provided in writing to the address listed below. If delivered to another location, your written notice may not receive timely response as required by regulation.
Independence Bank
Attn: Loan Operations
P.O. Box 988
Owensboro, KY 42302-0988
Inquiries or general loan questions may be handled by calling Loan Operations at 1-877-621-1776.
Personal Loans
Just like you, we have goals. Ours just happens to be to help you meet yours. Our personal loans make it easy for you get the financing you need for all of life’s big and small moments.
Open Home Equity Line of Credit (HELOC)
Life doesn’t wait, and neither should you. Take the liberty to access the equity in your home to fund your goals. Like remodeling your home, sending your child to college or finally taking that vacation you’ve always wanted. The freedom is yours.
Benefits Include:
- Consistent payments
- Easy access to approved funds through convenience checks
- Up to 85% loan-to-value not exceed $250,000
Call or stop by your nearest Independence Bank location today for current rates, terms and conditions.
Open Agricultural Lending
Feel the freedom to expand your land. We work cooperatively with other farm lending programs like USDA Farm Service Agency Loan Programs or the Kentucky Agriculture Finance Cooperation so we can be an invaluable partner to you.
Open Operating Lines of Credit
From off-season expenses, to equipment maintenance costs, our operating line of credit provides you with the short-term cash you need to help keep your farm production growing.
Open Real Estate Loans
With flexible repayment terms, a real estate loan can help you get the capital you need to start or grow your farm.
Open Equipment Loans
Enjoy flexible repayment terms for both new and used machines, from small tractors to large combines.
Call or stop by your nearest Independence Bank location today for current rates, terms and conditions.