Home loans have been a cornerstone of Adams Bank & Trust for over 100 years. That experience has helped us create a mortgage team that stands out from our competitors. Allow us the opportunity to demonstrate the difference!
EXPERIENCE & EDUCATION
In a long banking career, Charlie has dedicated nearly three decades to mortgage banking. He currently serves as Executive Vice President of Mortgage Banking for Adams Bank & Trust. Charlie received his bachelor’s degree in Business from Kearney State College and is a graduate of the Colorado School of Banking.
BANKER PHILOSOPHY & BACKGROUND
With a commonsense approach to lending, Charlie keeps the complex mortgage process simple for clients. His vast experience allows him to look at the bigger picture and think outside the box to ensure he can develop lending solutions for all types of situations and buyers. His approach to relationship banking and focus on putting his clients’ needs first make Charlie a natural fit with Adams Bank & Trust.
We’re excited for you to have the opportunity to work with Charlie and discover all that Adams Bank & Trust has to offer.
MORTGAGE LOAN PRODUCTS
CONVENTIONAL
A Conventional Mortgage is any mortgage that is not insured or guaranteed by the federal government or state government. Conventional mortgages typically require a higher down payment, usually 5%-20%. They also have higher income and credit score requirements than government loans.
KEY BENEFIT: Repayment terms are generally more favorable.
FHA
The Federal Housing Administration (FHA) insures these mortgages so Adams Bank & Trust can offer you very attractive loan terms. With flexible qualification guidelines, these loans can be especially helpful and benefit first-time homebuyers and buyers who don’t have perfect credit or a lot of money to put down.
KEY BENEFIT: Low down payment (as low as 3.5% of the purchase price).
VA
VA Home Loans help veterans finance the purchase of a home with very favorable loan terms at an interest rate typically lower than rates charged on other types of mortgages.
KEY BENEFIT: No down payment required.
USDA USDA Home Loans are for low to moderateincome homebuyers wanting to buy a home in a rural area. USDA Home Loans are affordable and backed by the federal government.
KEY BENEFIT: 100% financing on a fixed 30-year loan on the appraised value of the home.
JUMBO
A jumbo mortgage is any single loan amount over the conforming loan limit set by Fannie Mae and Freddie Mac, which is currently $799,551.
KEY BENEFIT: Allow purchase of a more expensive home.
BRIDGE
Provides the opportunity to purchase a new home prior to selling current home.
KEY BENEFIT: Interest only payments until the sale of your current home.
LAND
Purchase a piece of land with no residence on it prior to construction of a primary residence.
KEY BENEFIT: Simple, temporary financing prior to construction.
CONSTRUCTION
Short term loan to cover the building of a new home as a primary residence.
KEY BENEFIT: Flexible financing options.
HOME EQUITY LINES OF CREDIT
Make home improvements, pay for school, consolidate high-interest debt, or have funds available for emergencies.
KEY BENEFIT: Low interest rate for various financing needs.
