Looking for a home loan? BOM Bank can help!

BOM Bank has a wide range of mortgage products available with competitive rates to meet your needs.

Why chose BOM Bank?

• Helpful lenders with working knowledge of the local real estate market
• Pre-qualification for added confidence in securing financing
• Local decision-making and processing

Secondary Market Loans

BOM Bank offers the following secondary-market loan options:

• Conventional – Down payments as low as 3% down for first time homebuyers and 5% for all others.  Monthly mortgage insurance (PMI) required on loans when less than 20% down payment
• FHA – 3.5% down payment required. FHA loans offer low down-payment requirements and flexible credit and debt to income requirements.
• Veterans Affairs (VA) – 100 % financing for eligible veterans, reservists, active-duty personnel or eligible family members
• Rural Development – 100 % financing for properties located outside of the city limits within an eligible area, and the borrowers must be under the income limits. Eligible areas and income limits are established by Rural Development

Meet BOM Banks’ Secondary Market Lender

Kristina Bagwell
Vice President& Mortgage Lender
NMLS ID# 440489
(318)448-2430

In-House Mortgage Loans

BOM Bank offers a wide variety of in-house mortgage loans. Our in-house loans include:

• Conventional loans for purchase or refinance
• Home construction loans
• Home Equity Lines of Credit (HELOC)
• Home Equity term loans
• Bridge loans
• 100% Lot loan program

Why Choose an In-House Mortgage with BOM Bank?

• Loans are kept and serviced at BOM Bank
• Competitive interest rates
• No PMI required
• No funding or guarantee fees
• Lower closing costs and origination fees
• Flexible payment options
• You can borrow additional funds with minimal cost