Other Mortgage Options

Description Details
Investment Property Loans
  • Financing for the purchase of 1-to-4-unit dwelling properties (including condos)
  • Ideal for borrowers looking to gain a return by renting the property, profiting from appreciation over time, buying low/selling high, or renovating the property and selling it for more than the purchase price
  • 10-to-25% down payment required
Interim Construction Loans A single loan that combines a construction loan and permanent home mortgage, with a one-time closing
  • Once your dream home is finished, you won't need another loan or pay another set of closing costs
  • Ideal for borrowers who want to build their own home and want to make sure they get all the amenities they have always wanted
Bridge Loans Designed for borrowers who need access to short-term funds to help purchase a new home, while waiting for a buyer on an existing home
  • Generally a 6-month term
Manufactured Home Mortgages Conventional loans for borrowers looking to buy a double-wide manufactured home permanently affixed to a foundation
  • 15- and 30-year terms available
  • 5 percent down payment required (funds cannot be a gift)
  • The land on which the manufactured home is situated must be owned by the borrower

* Correspondent for James B. Netter & Company

IMPORTANT INFORMATION ABOUT PROCEDURES FOR OPENING A NEW ACCOUNT Amarillo National Bank complies with section 326 of the USA PATRIOT Act. Federal law requires all financial institutions to obtain, verify and record information that identifies each person who opens an account such as name, address, date of birth and taxpayer identification. We may ask to see your driver's license or other identifying documents.