Peoples State Bank is here to help with your home financing needs. We can assist you with the purchase of your new home, a construction loan or home improvement project, or a home equity loan or line of credit. Loan decisions are primarily made locally and we service the majority of our loans.
Loans that are not serviced by our bank are specialty products that assist first time and low-to-moderate income homebuyers through the WHEDA (Wisconsin Housing and Economic Development Authority) program. Loans for this program are serviced in Madison, Wisconsin.
We now offer private mortgage insurance (PMI) for our in-house loan products. This allows you to put as little as 3% down and still qualify for a 30 year loan. PSB offers lower PMI rates and we pass the savings on to you.
Use our mortgage calculators to generate an estimated amortization schedule for your current mortgage. Quickly see how much interest you could pay and your estimated principal balances.