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Real Estate Loans

First State Bank of Burnet is your hometown source for commercial, residential, or home equity real estate loans. Our experienced lenders will work diligently to make your real estate transaction a pleasant and personal experience. We will respond in a timely manner, assisting you in every step in the process of financing your new or previously-owned home or dream home you will build. First State Bank of Burnet’s mortgage department offers convenient in-house mortgage loans retained by the bank and a variety of mortgage products through the secondary mortgage market. We also offer home equity loans. If you need a real estate loan, First State Bank of Burnet is ready to assist you.
Commercial Real Estate
  • Competitive rates for purchase, refinance or construction
  • Available for owner-occupied or investment properties
  • Convenient repayment terms that work for you and your business
  • Quick, local decision making and processing
  • Lending professionals with expert knowledge of the local market 
Portfolio Mortgage
  • Attentive, friendly service throughout the process
  • Competitive rates for home purchase or refinance
  • Quick, local decision making and processing
  • Flexible repayment terms that fit your budget
  • Pre-qualification for extra confidence when searching for that perfect home
  • Helpful and knowledgeable loan advisors
  • Normal filing and closing fees paid by the borrower
Secondary Market
  • Conventional fixed rate mortgages for conforming loans up to $510,400 
    • Fixed interest rate over the life of the loan
    • Competitive terms
    • Competitive rates
    • Down payment options
Land Loans
  • From lot loans to acreage tracts
  • Competitive interest rates for qualifying loans
  • Quick, local decision making and processing 
Interim Construction Loans
  • Competitive rates for your home construction project
  • Offered for residence and second home construction
  • Advances on your loan are applied in stages based on the work completed
  • Quick, local decision making and processing
  • Refinancing can be used to your advantage financially to lower your monthly payment and reduce your mortgage rate.   Let us help you find the best way to refinance your home based on your financial needs.
Home Equity
  • Competitive rates for several short-term or one-time needs
  • Take advantage of the existing equity in your home as collateral
  • The interest could be tax deductible*
  • Flexible repayment plans to fit your budget
  • Quick, local decision making and processing
  • Knowledgeable and friendly service 
*Consult a tax advisor