Metz Banking Company offers a variety of loan programs to meet your needs. We work with the leading lenders in the industry to provide:
 
Conventional
USDA/Rural Development
FHA
VA
Schedule F
New Construction
In-house

Conventional

Purchase or refinance your home with a 10, 15, 20, 25 or 30 year fixed rate mortgage.

Term: 30 years   Maximum Amount: $424,100
 
  • Conforming mortgages available with as little as 3% down for first time home buyers.
  • Mortgage insurance is required if loan to value is greater than 80%.
  • Fixed rates for Manufactured Homes available
  • No prepayment penalty

USDA/Rural Development

30 year fixed rate loan program with no down payment required for primary residence only.

Term: 30 years  
 
  • Mortgage insurance required
  • Minimum credit score 620
  • Income limits apply
  • Refinance of existing USDA loan possible
  • No prepayment penalty

FHA

Federal Housing Administration program making home loans affordable and accessible.

Term: 30 years   Maximum Amount: $275,665
 
  • 3.5% down payment on a purchase
  • 97.75% max LTV on Rate-Term refinance
  • Mortgage insurance required
  • Minimum credit score 600
  • Gifted funds allowed
  • No prepayment penalty

 


VA

We are proud to have the VA 100% home loan available for our  service men and women.

Term: 30 years   Maximum Amount: $424,100
 
  • Prior Military Service required
  • 100% LTV for purchase, rate-term refinance and cash-out refinance
  • Minimum credit score 620
  • 15 or 30 year fixed rate

Schedule F

Long term fixed rate mortgage for homes on large acreages.

Term: 30 years   Maximum Amount: $600,000
 
  • 5-160 acres (larger acreages considered)
  • 80% LTV for purchases, 75% LTV rate-term refi, and 60% LTV cash-out refi
  • Schedule F on tax forms allowed but not required
  • Primary residence only
  • No mortgage insurance
  • Minimum credit score 680

New Construction

We offer short-term construction only loans as well as construction-to-permanent mortgages.

Term: 25 years  
 
  • Construction only product is a fixed rate
  • Construction-to-perm is an ARM after the first 5 years
  • Max LTV 80%
  • Minimum credit score 680
  • May purchase or already own land

In-house

In-house or Portfolio loans are funded and serviced by Metz Banking Company.

Term: 25 years  
 
  • Manufactured homes allowed
  • 3&1 ARM for longer terms
  • Fixed rate available for shorter terms
  • Max LTV 80%
  • Flexible payment options
  • No prepayment penalty



Unless otherwise indicated, these APR calculations are based on the following: Conforming loans (whose maximum loan amount is below $484,350 for the contiguous states, District of Columbia, and Puerto Rico or below $636,150 for Alaska, Guam, Hawaii and the Virgin Islands) are calculated based on a loan amount of $424,100 with closing costs of $8,482. Jumbo Loans (whose maximum loan amount exceed $484,350 for the contiguous states, District of Columbia, and Puerto Rico or exceed $636,150 for Alaska, Guam, Hawaii and the Virgin Islands) are calculated based on a loan amount of $1,000,000 with closing costs of $20,000. Your actual APR may be different depending upon these factors.