Loans

Here at First Keystone Bank, we believe applying for a mortgage doesn't have to be complicated.

We offer a variety of home mortgage options to meet your individual needs. Our loan officers recognize buying a home can be the most important purchase of your life, and will spend as much time as you need to review all of your mortgage options.

Our rates compete with any mortgage lender! Plus, you will know who you are working with throughout all aspects of the loan process--including application, underwriting, and servicing. You make your mortgage payment directly to First Keystone Bank and not to some unknown bank or mortgage company.

Residential Loans

• Fixed Rates
  We offer fixed rate mortgages with a variety of terms at very competitive rates.
• Adjustable
  We offer three and five year adjustable rate loans based on fifteen and thirty year terms where the initial rate is usually priced below treasury rates. After the initial term, it then adjusts annually based on a government security index plus a margin.
• Balloon
  We offer five and seven year balloon loans. The interest and principal payments are based on a 30 year amortization term, and all principal is due at the end of the balloon period, unless a conditional right to refinance is enacted.
• Bi-Weekly
  This option is only available on fifteen year fixed rate loans. The biweekly mortgage requires a payment every two weeks. Each payment is half the amount of a regular monthly payment. The 26 biweekly payments are equivalent to 13 monthly payments a year. This method of payment greatly reduces the principal of the loan, and therefore, can significantly reduce the amount of interest paid.

For more information, please contact Linda Henry at 610-892-5182 or you may contact her through the secure guestbook.  To do so, simply select "Residential Lending" in the Department drop down menu.

Equity Loans - Brochure

First Keystone Bank provides home equity loans up to 80 percent of the value of your home. Our rates are very competitive and flexible term options are available. These loans let you turn equity into cash that can be used for any personal reasons such as home improvement, vacations, tuition, investment, or debt consolidation.

• Equity Booster Loans - This loan is designed to help you make substantial improvements when the existing equity in your home is not sufficient to support a loan for the entire amount of the proposed improvement. The maximum loan amount is based on the value of your home after the improvements are completed.
• Equity Line of Credit - This type of loan may be used for any purpose: business, tuition, home improvements, credit cards, purchasing a car, etc. The entire amount of the loan may be accessed, or portions of the loan may be used on an as needed basis. The interest is paid only on the portion of the loan used and the rate of interest is adjustable with a rate cap for your protection.

Construction Loans

First Keystone can provide you with the cash you need to get your construction project underway. We're one of the leading residential construction lenders in southeast Pennsylvania as a result of our reputation for fast processing, excellent rates and quality service. (Business Construction Loans)

We offer:

• Builder acquisition, development and/or construction loans
• Residential housing loans
• Builder speculative loans
• Ground loans for future residences and for builder speculation

Alternative Loans

• Jumbo
  Jumbo loans are available on a case by case basis determined by First Keystone. A Jumbo loan is considered a loan that exceeds the dollar amount according to the Fannie Mae/Freddie Mac maximum lending guidelines.
• Non-Conforming
  We offer a variety of loan products to borrowers with less than perfect credit, or that have circumstances outside the standard secondary market investors' guidelines.
• Alternative Equity
  We offer equity loans above the standard terms quoted by most banks including, but not limited to, 100% of the value of your home.

 

Student Loans

Student loans are now available through Campus Door*, a corporation founded in 1995 for the purpose of developing and offering a national and complete financing package for students and their parents. Loans are available to cover both undergraduate and graduate school expenses. For more information and online approvals, click on Campus Door

*Campus Door is not affiliated with First Keystone Bank and First Keystone Bank is not responsible for any loans applied for or obtained through Campus Door.