Log In  |  Contact Us  |  Help
Types of Loans

30 Year Fixed Rate Mortgage
The traditional 30-year fixed-rate mortgage has a constant interest rate and monthly principle and interest payments that never change.  Borrowers often times choose this mortgage for the low monthly payments and the peace of mind knowing the rate will never change for the life of your loan.

15 Year Fixed Rate Mortgage
Similar to the Thirty-Year Fixed Rate Mortgage but you'll own your home twice as fast!

In House Balloon
There are times when a long term fixed rate mortgage does not meet your needs or your credit profile.  For times when this is the case, we offer an in house balloon mortgage with great local decision making and servicing.
Rural Development
100% financing for the purchase of your home is still available with a loan guaranteed by Rural Development.  Some restrictions may apply.
Limited down payment or credit obstacles may be able to be overcome with a mortgage guaranteed by the Federal Housing Administration.  Ask us how!
The State Bank of Faribault proudly supports members of our community who have served our country by offering VA loans for your home financing needs.
Long term fixed rate financing is still an option with The State Bank of Faribault even if your home loan request is greater than the conventional conforming loan limit.
The State Bank of Faribault
428 Central Avnue, Faribault, MN  55021
Toll Free:  (888) 532-7401
Copyright © 2019 The State Bank of Faribault, Member FDIC
Privacy Policy  | Security Statement  |  Site Map