{"id":15,"date":"2023-03-31T14:09:11","date_gmt":"2023-03-31T14:09:11","guid":{"rendered":"https:\/\/nashvillesavingsbk.com\/www.nashvillesavingsbk.com\/?page_id=15"},"modified":"2023-07-24T20:41:29","modified_gmt":"2023-07-24T20:41:29","slug":"mortgages","status":"publish","type":"page","link":"https:\/\/www.nashvillesavingsbk.com\/index.php\/mortgages\/","title":{"rendered":"Mortgages"},"content":{"rendered":"\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-8f761849 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\"><\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\"><\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-8f761849 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\"><div class=\"wp-block-image is-style-default\">\n<figure class=\"aligncenter size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.nashvillesavingsbk.com\/wp-content\/uploads\/2023\/04\/Mortgage-Page-Banner-1-e1690228429589.jpg\" alt=\"\" class=\"wp-image-531\" width=\"1023\" height=\"374\" srcset=\"https:\/\/www.nashvillesavingsbk.com\/wp-content\/uploads\/2023\/04\/Mortgage-Page-Banner-1-e1690228429589.jpg 737w, https:\/\/www.nashvillesavingsbk.com\/wp-content\/uploads\/2023\/04\/Mortgage-Page-Banner-1-e1690228429589-300x109.jpg 300w\" sizes=\"auto, (max-width: 1023px) 100vw, 1023px\" \/><\/figure>\n<\/div><\/div>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading has-text-align-center has-theme-palette-9-color has-theme-palette-2-background-color has-text-color has-background\" style=\"padding-top:0;padding-right:0;padding-bottom:0;padding-left:0\">MORTGAGES<\/h2>\n\n\n\n<p class=\"has-theme-palette-3-color has-text-color wp-block-paragraph\" style=\"padding-top:var(--wp--preset--spacing--20);padding-right:var(--wp--preset--spacing--20);padding-bottom:var(--wp--preset--spacing--20);padding-left:var(--wp--preset--spacing--20)\">The Nashville Savings Bank will help you choose the right mortgage for your home, and make pre-qualification simple and fast! So whether you are buying, building, or refinancing we have the programs for every situation. Whether you are wanting to purchase a new home or refinance your current one, The Nashville Savings Bank offers a wide variety of products to meet your needs.<\/p>\n\n\n\n<h4 class=\"wp-block-heading has-theme-palette-2-color has-text-color\" style=\"padding-top:var(--wp--preset--spacing--20);padding-right:var(--wp--preset--spacing--20);padding-bottom:var(--wp--preset--spacing--20);padding-left:var(--wp--preset--spacing--20)\">FIXED RATE MORTGAGE<\/h4>\n\n\n\n<p class=\"wp-block-paragraph\" style=\"padding-top:var(--wp--preset--spacing--20);padding-right:var(--wp--preset--spacing--20);padding-bottom:var(--wp--preset--spacing--20);padding-left:var(--wp--preset--spacing--20)\">Structures your payment so that there will be no increases or decreases in the interest rate or your payment over the life of your loan.&nbsp;Various repayment terms are available.&nbsp;<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"alignright size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.nashvillesavingsbk.com\/wp-content\/uploads\/2023\/03\/GettyImages-1158213000.jpg\" alt=\"\" class=\"wp-image-77\" width=\"536\" height=\"357\" srcset=\"https:\/\/www.nashvillesavingsbk.com\/wp-content\/uploads\/2023\/03\/GettyImages-1158213000.jpg 724w, https:\/\/www.nashvillesavingsbk.com\/wp-content\/uploads\/2023\/03\/GettyImages-1158213000-300x200.jpg 300w\" sizes=\"auto, (max-width: 536px) 100vw, 536px\" \/><\/figure>\n<\/div>\n\n\n<h4 class=\"wp-block-heading has-theme-palette-2-color has-text-color\" style=\"padding-top:var(--wp--preset--spacing--20);padding-right:var(--wp--preset--spacing--20);padding-bottom:var(--wp--preset--spacing--20);padding-left:var(--wp--preset--spacing--20)\">BALLOON MORTGAGE<\/h4>\n\n\n\n<p class=\"has-theme-palette-3-color has-text-color wp-block-paragraph\" style=\"padding-top:var(--wp--preset--spacing--20);padding-right:var(--wp--preset--spacing--20);padding-bottom:var(--wp--preset--spacing--20);padding-left:var(--wp--preset--spacing--20)\">Combines the features of short-term variable rate mortgages with long-term fixed rate mortgages. The loan provides a level interest rate and payment for an initial term, with payments calculated on a longer amortization schedule. Interest rates are generally lower than a traditional fixed-rate mortgage. At the end of the initial term the loan is paid off or refinanced at current rates.&nbsp;This is a good choice if you are not planning on staying in your home for a long period of time, or if you are expecting a large sum of money in the future.&nbsp;<\/p>\n\n\n\n<h4 class=\"wp-block-heading has-theme-palette-2-color has-text-color\" style=\"padding-top:var(--wp--preset--spacing--20);padding-right:var(--wp--preset--spacing--20);padding-bottom:var(--wp--preset--spacing--20);padding-left:var(--wp--preset--spacing--20)\">ADJUSTABLE RATE MORTGAGE (ARM)<\/h4>\n\n\n\n<p class=\"has-theme-palette-3-color has-text-color wp-block-paragraph\" style=\"padding-top:var(--wp--preset--spacing--20);padding-right:var(--wp--preset--spacing--20);padding-bottom:var(--wp--preset--spacing--20);padding-left:var(--wp--preset--spacing--20)\">A mortgage in which the interest rate and, generally, the payments change over the life of the loan. The interest rate is adjusted to match the rise or fall of a pre-selected interest rate index and the borrower&#8217;s regular payments will increase or decrease accordingly. The benefit of an ARM is the initial interest rate is generally quite low. Various repayment terms are available.<\/p>\n\n\n\n<h4 class=\"wp-block-heading has-theme-palette-2-color has-text-color\" style=\"padding-top:var(--wp--preset--spacing--20);padding-right:var(--wp--preset--spacing--20);padding-bottom:var(--wp--preset--spacing--20);padding-left:var(--wp--preset--spacing--20)\">HOME EQUITY LINE OF CREDIT<\/h4>\n\n\n\n<p class=\"has-theme-palette-3-color has-text-color wp-block-paragraph\" style=\"padding-top:var(--wp--preset--spacing--20);padding-right:var(--wp--preset--spacing--20);padding-bottom:var(--wp--preset--spacing--20);padding-left:var(--wp--preset--spacing--20)\">A mortgage that is an open-ended line of credit based on your home&#8217;s equity.&nbsp;This type of mortgage is ideal for debt consolidation or home improvement.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Borrow up to 80% of your home&#8217;s value&nbsp;<\/li>\n\n\n\n<li>Interest-only payments (may result in a balloon payment at the end of the term loan)<\/li>\n\n\n\n<li>Easy advance process<\/li>\n\n\n\n<li>Quick approval<\/li>\n<\/ul>\n\n\n\n<h4 class=\"wp-block-heading has-theme-palette-2-color has-text-color\" style=\"padding-top:var(--wp--preset--spacing--20);padding-right:var(--wp--preset--spacing--20);padding-bottom:var(--wp--preset--spacing--20);padding-left:var(--wp--preset--spacing--20)\">CONSTRUCTION LOAN<\/h4>\n\n\n\n<p class=\"has-theme-palette-3-color has-text-color wp-block-paragraph\" style=\"padding-top:var(--wp--preset--spacing--20);padding-right:var(--wp--preset--spacing--20);padding-bottom:var(--wp--preset--spacing--20);padding-left:var(--wp--preset--spacing--20)\">Construction loans are meant to take the stress out of building.&nbsp; <em><strong>Let Nashville Savings Bank help you make that dream come true<\/strong><\/em> with our hassle free construction loans.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"788\" height=\"443\" src=\"https:\/\/www.nashvillesavingsbk.com\/wp-content\/uploads\/2023\/04\/familylawn.jpg\" alt=\"\" class=\"wp-image-136\" srcset=\"https:\/\/www.nashvillesavingsbk.com\/wp-content\/uploads\/2023\/04\/familylawn.jpg 788w, https:\/\/www.nashvillesavingsbk.com\/wp-content\/uploads\/2023\/04\/familylawn-300x169.jpg 300w, https:\/\/www.nashvillesavingsbk.com\/wp-content\/uploads\/2023\/04\/familylawn-768x432.jpg 768w\" sizes=\"auto, (max-width: 788px) 100vw, 788px\" \/><\/figure>\n<\/div>\n\n\n<div class=\"wp-block-group\"><div class=\"wp-block-group__inner-container is-layout-constrained wp-block-group-is-layout-constrained\">\n<p class=\"wp-block-paragraph\"><\/p>\n<\/div><\/div>\n","protected":false},"excerpt":{"rendered":"<p>MORTGAGES The Nashville Savings Bank will help you choose the right mortgage for your home, and make pre-qualification simple and fast! So whether you are buying, building, or refinancing we have the programs for every situation. Whether you are wanting to purchase a new home or refinance your current one, The Nashville Savings Bank offers&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_kadence_starter_templates_imported_post":false,"_kad_post_transparent":"","_kad_post_title":"","_kad_post_layout":"","_kad_post_sidebar_id":"","_kad_post_content_style":"","_kad_post_vertical_padding":"","_kad_post_feature":"","_kad_post_feature_position":"","_kad_post_header":false,"_kad_post_footer":false,"_kad_post_classname":"","footnotes":""},"class_list":["post-15","page","type-page","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Mortgages - Nashville Savings Bank<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.nashvillesavingsbk.com\/index.php\/mortgages\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Mortgages - Nashville Savings Bank\" \/>\n<meta property=\"og:description\" content=\"MORTGAGES The Nashville Savings Bank will help you choose the right mortgage for your home, and make pre-qualification simple and fast! 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