Loans

First Time Home Buyers During your pre-approval process our mortgage lenders will ask you questions to see if you qualify for first time home buyer programs. If you have previously been a homeowner, but have not owned a home in 3 years you may also be eligible. These programs have maximum income limits and require good credit. The main benefit is a minimal down payment requirement. The programs UB&T can help you with are: Guaranteed Rural Housing Loan Program - no money down Top Fixed Rate Mortgages If you are purchasing a new home or refinancing, UBT offers mortgage programs to fit your situation. A Fixed Rate Mortgage offers you a guaranteed interest rate and a fixed monthly payment amount for the full term of the loan, giving you peace of mind for as long as you live in your home. We have terms to fit your repayment needs. As with most types of mortgages, a down payment of 20% or more will usually eliminate the need for mortgage insurance. Local servicing gives you the security and convenience of making your payment to us. We do not require you to escrow for taxes or insurance, although we do encourage it as a budgeting tool. We also offer servicing released mortgages that have a slightly lower interest rate. However, these loans are sold by us and they may require taxes to be escrowed as part of your mortgage payment. See the loan officer at your local office for rates, terms and a loan application. Refinancing There are many reasons to refinance a home: such as debt consolidation, lower interest rates, changing the amortization, or cash needed for large purchases. Let our mortgage lenders help you decide on the best alternative for your own personal needs. See the loan officer at your local office for rates, terms and a loan application. Top Private Student Loans Now you can pay for college the smart way with three great repayment options and competitive interest rates! The UB&T Smart Option Student Loan® by Sallie Mae® is an ideal solution to help bridge that gap between federal loans and the cost of your education expenses. To learn more or to apply, please get started here. The Smart Option Student Loan features and benefits: New interest rate type for Academic Year 2012-13. We now offer competitive fixed interest rates in addition to our low variable interest rates providing even more choice and flexibility. Borrow up to 100% of school certified education costs (minimum $1,000) Multiple in-school repayment options available Borrower benefits available – like rewards and interest rate reductions Rates that reward creditworthy borrowers Applying with a creditworthy cosigner may help you qualify and/or receive a lower rate Fast Online Application. Our easy-to-complete application takes about 15 minutes. It's quick and easy. 24/7 online account management No prepayment penalty. To learn more or to apply, please get started here. *We are compensated for the referral of Smart Option Student Loan customers. Top Lot Loans & Construction Loans Deciding to buy that special lot and build your dream home can feel exciting and overwhelming. UB&T has helped many people through this challenging process. We provide flexibility in our programs for lot purchases and home construction. We make our construction loan program easy, by helping you from the planning stage through completion. As part of your construction loan approval we make sure your final loan can convert to a fixed rate product once the home is complete. Ask our mortgage lenders to help you build your dream home. Home Equity Line of Credit This credit line allows you to borrow against some of the equity in your home without the cost of refinancing. A home equity line of credit can be a way of getting a new kitchen, building a home addition, financing college. This revolving credit line can be accessed by writing a check. The funds become available again as the principal is repaid, much like a credit card. Interest paid on this loan could be tax deductible, but please consult your tax advisor to be sure.See the loan officer at your local office for rates, terms and a loan application. Home Equity Loans Another low cost way of using the equity in your home is to get a closed-end home equity loan. It is similar to a vehicle loan, but is secured by the equity in your home, making the interest potentially tax-deductible. You get all of the loan proceeds at the start, then pay it back in monthly installments until the loan is completely paid back. The interest rate and monthly payment amount will be fixed for the term of the loan, helping to make budgeting easier. You can use the money for home improvements, a vacation, a new vehicle and for many other purposes. Consult your tax advisor to verify interest deductibility. See the loan officer at your local office for rates, terms and a loan application. Top Consumer Loans & Personal Loans Whether its automobiles, trucks, boats or recreational vehicles; we can loan you the funds needed to get you to work or to the lake. Personal loans that are not secured with collateral can be written for a variety of financial needs under $5000. Loans are available for any worthwhile purpose, and repayment terms are always set to meet your budget. See the loan officer at your local office for rates, terms and a loan application. Check Credit Line of Credit This personal line of credit is designed to protect your checking account from becoming overdrawn. It can be set up so that each deposit you make will be applied to the loan balance first. Contact your personal banker or loan officer on the terms and details. UB&T VISA Credit Card When you travel and shop, carry the credit cards that carry our name and our guarantee of customer satisfaction. Our VISA Gold Card and VISA Gold Rewards Card are accepted worldwide. Use them for purchases or to get cash at more than 360,000 bank offices and automated teller machines (ATM) around the world. Your Visa Card is password protected when shopping at participating online stores. Travel accident insurance is free when you pay for your travel with our credit card. You also receive automatic coverage on rental vehicles, at no additional cost, for damage due to collision or theft. 24-hour card member service at 1-800-423-7503 or view your account information online at www.mycardstatement.com. Customers with VISA Gold Reward Cards can go towww.scorecardrewards.com to check their point balance, travel items, merchandise items and redeem online. Contact one of our offices to apply or download the VISA Gold Card / VISA Gold Rewards Card application forms (pdf). Please DO NOT return applications by email. Top Business Loans Available: UB&T and their family of banks provide complete loan services to help new or expanding businesses. If your business is located in our market area of Dane, Green or Rock Counties, please see our commercial lenders for your financing and banking needs. Agricultural loans of all types Commercial Loans Lines of Credit Revolving Line Seasonal Line Term Loan Construction Commercial Real Estate Small Business Administration (SBA) Letters Of Credit Top