Home Mortgage
Whether you are purchasing your first home, refinancing your existing home loan, or buying a home for the next stage of life, American State Bank will be there to help you move forward with confidence. Our home loan experts are ready to assist you every step of the way, from application to loan signing. With our wide range of home mortgage options, you have the ability to transform your house into a home.
Loan Programs
First Time Home Buyer
When you are ready to purchase your first home, your neighbors at American State Bank are ready to guide you through the loan process and explain every aspect of first-time home ownership. From principal amounts to interest rates, our loan experts can answer any questions you have.
Dream to Build Program
American State Bank understands that building a home is a long process. We have a program built exclusively for your new home construction, guiding you through these steps:
- Pre-qualify for final financing based on the appraisal
- Purchasing your lot – through personal savings, equity in your current real estate, or a lot loan
- Construction loan to pay for building expenses
- Final financing to roll the construction loan to a fixed rate loan
Guaranteed Rural Housing
Achieve your dream of owning a rural home with a Guaranteed Rural Housing loan. This loan gives individuals the assets not only to purchase a home, but the funds to safely and securely repair and rebuild a rural home they will be proud to call their own.
Loan Types
Home Purchase
First Time Home Buyers
Refinance
Cash Out Refinance
Construction
Bridge Loan
Apply for a Home Mortgage
Home Mortgage Disclosure Act Notice
The HMDA data about our residential mortgage lending are available online for review. The data show geographic distribution of loans and applications; ethnicity, race, sex, age, and income of applicants and borrowers; and information about loan approvals and denials. These data are available online at the Consumer Financial Protection Bureau’s website www.consumerfinanace.gov/hmda
Home Equity
The equity in your home can be used to fund home improvements, pay college expenses, make large personal purchases, or consolidate debt. We offer a variety of fixed and adjustable rate home equity loans and lines of credit to fit your variety of needs.
Loan Types
Home Equity Closed End | Home Equity Open End
Apply for a Home Equity Loan
Personal Lending
We want to help you reach your goals. Whether you are renovating your home, buying a new car, or going back to school, we offer personal loan solutions that help you move forward with confidence. View Lender NMLS IDs
Advisor Name – Individual ID
| Nathan Scott De Wit | 964997 |
| Kathryn Jane Franken | 403554 |
| Kristy Kay Frederes | 1388905 |
| Teresa Jean Gunderson | 1028877 |
| Gregory Verle Hansen | 403546 |
| Luke Brian Haan | 1213332 |
| Ryan L. Mulder | 1732038 |
| Andrew (AJ) Borger | 2049208 |
| Brittney Ann Kooistra | 1267630 |
| Mark Alan Kreun | 403548 |
| Kevin J. Langel | 1416544 |
| Joshua Kevin Metzger | 1517207 |
| Rachel Dawn Moerman | 403544 |
| Koty Lyn Vande Griend | 402062 |
| Eric Jon Vande Hoef | 403543 |
| Jesse A. Van Donge | 1711284 |
| Mark Charles Von Arb | 911672 |
| Brandon Seth Woudstra | 1378909 |
Student Loans
If personal savings, financial aid and other resources are not enough to cover college expenses, American State Bank offers a supplemental private student loan for established bank customers and students of Dordt and Northwestern colleges. The loan is serviced by Aspire Servicing Center in Iowa and features benefits designed to help students and their families today and tomorrow.
- Terms and other details such as rates and underwriting criteria are provided up front.
- Benefits include an interest rate reduction option and the ability to release cosigners from their obligations.
Credit Card Services
Personal Loans
- Auto
- RV
- Motorcycle
- ATV
- Boat
- Camper
- Snowmobile
- Mobile Homes
- Personal Lines of Credit
Home Mortgage
Loan Types
Student Loans
Credit Card Services
Personal Loans
Overdraft Protection- Home Mortgage
Apply for a Consumer Loan
Commercial Lending
Our commercial lending services find solutions specialized for your needs, so you can feel confident that our financial assistance will set you on the path for success.
Loan Programs
Small Business Administration
The U.S. Small Business Administration (SBA) is an independent agency of the federal government that works to counsel, assist, and protect the interests of small businesses. The SBA Loan Program offers a variety of loan options to best suit your small business’s needs.
Loan Types
Real Estate
Equipment
Expansion / Acquisition
Working Capital
Get Started With Commercial Lending
Agricultural Lending
Our lenders are equipped with real-world experience and specialize in all types of livestock. As the second largest agricultural bank in Iowa, we understand the business of agriculture and are ready to assist you with the necessary loans to grow your farm, from new production technologies to purchasing the land to take your production to the next level.
Loan Programs
Farm Service Agency
The Farm Service Agency is a part of the U.S. Department of Agriculture and serves all farmers, ranchers, and agricultural partners. These loans offer financial solutions for establishing, improving, and expanding your farm or ranch.
Beginning Farmer
A loan program offered through the FSA for a specified “beginner farmer.”
Iowa Ag Development Authority
Iowa Ag Development Authority, now known as the Iowa Ag Development Division (IADD), geared towards beginning farmers.
Small Business Administration
The U.S. Small Business Administration’s loan program developed to help small business owners.
Loan Types
Real Estate Loans
Facility Loans
Crop Loans
Equipment
Livestock
Working Capital