Real Estate

Real Estate, Mortgage, Home Equity, and Construction Loans in New Martinsville and Parkersburg WV

  For loans in the New Martinsville region, contact Patty Wilkinson at Patty.Wilkinson@doolinfsb.com or call her at 304-455-1850. 
    If you're in the Parkersburg community,  contact Bob May at Robert.May@doolinfsb.com or call him at 304-422-1212. 
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Fixed Rate Mortgage Loans

Drawing of a home that would need a mortgage in New Martinsville, WV
Doolin Security Savings Bank, FSB offers Fixed Rate Mortgage Loans with 10, 15, 20, and 30 year terms. Your interest rate will be determined by both your credit rating and the loan term you select. Fixed Rate Mortgages provide you with a fixed rate of interest over the term of your loan. Doolin Security Savings Bank, FSB will lend you up to 80% of the appraised value of your property for both purchase and refinance transactions. We may consider up to 90% of appraised value for your loan. 

(Note: any mortgages exceeding 80% Loan to Value will require Private Mortgage Insurance)

You will need to submit your mortgage application in person. You’ll provide information about yourself and anyone else who is going to be listed as a co-borrower on the mortgage loan. To apply for a home mortgage, you’ll need to provide us with documentation to help verify your income, employment history, creditworthiness, and overall financial situation. If you are applying with someone else (called a co-borrower), they will also need to provide the same documents. Be prepared to provide the following:
  • W-2s (for the last 2 years)
  • Recent pay stubs (two most recent consecutive)
  • Bank statements for all financial accounts, including investments (for the last 2 months, all pages)
  • Signed personal and business tax returns (all pages and relevant schedules)
  • If self-employed, a copy of most recent quarterly or year-to-date profit/loss statement
  • A copy of the signed Purchase and Sales Agreement
We may require more documents, depending on your circumstances and the type of mortgage for which you’re applying. You can expect us to ask you details about your employment and financial history. With your permission, we will also run your credit bureau report as part of the process. 

Come and see us today, so that we can help make your dreams of home ownership a reality! 

A $250 non-refundable  Loan Origination Fee will apply to all Mortgage Loan Applications. 0 points will be charged. A $20 Credit report fee will also be charged at time of application.  Additional non refundable fees may include Appraisal, Flood Certification, and Title Report. Other closing fees will also apply. 

The Interest Rate charged will be determined based on your credit rating.

Adjustable Rate Mortgage Loans (ARM)

Drawing of a home that would need a mortgage in Parkersburg, WV
Doolin Security Savings Bank, FSB offers Adjustable Rate Mortgage Loans with 10, 15, 20, and 30 year terms. Your interest rate will be determined by both your credit rating and the loan term you select. Adjustable Rate Mortgages may provide you with a lower rate of interest initially than a Fixed Rate Mortgage Loan; however, your rate of interest is fixed for the first 3 years of your loan, and can then be adjusted each year thereafter over the term of your loan. Doolin Security Savings Bank, FSB will lend you up to 80% of the appraised value of your property for both purchase and refinance transactions. We may consider up to 90% of appraised value for your loan.  

(Note: any mortgage exceeding 80% Loan to Value will require Private Mortgage Insurance)

You will need to submit your mortgage application in person. You’ll provide information about yourself and anyone else who is going to be listed as a co-borrower on the mortgage loan. To apply for a home mortgage, you’ll need to provide us with documentation to help verify your employment history, creditworthiness, and overall financial situation. If you are applying with someone else (called a co-borrower), they will also need to provide the same documents. Be prepared to provide the following:
  • W-2s (for the last 2 years) 
  • Recent pay stubs (two most recent consecutive)
  • Bank statements for all financial accounts, including investments (for the last 2 months, all pages)
  • Signed personal and business tax returns (all pages and relevant schedules)
  • If self-employed, a copy of most recent quarterly or year-to-date profit/loss statement
  • A copy of the signed Purchase and Sales Agreement 
 We may require more documents, depending on your circumstances and the type of mortgage for which you’re applying. You can expect us to ask you details about your employment and financial history. With your permission, we will also run your credit bureau report as part of the process. 

Come and see us today, so that we can help make your dreams of home ownership a reality! 

A $250 non-refundable  Loan Origination Fee will apply to all Mortgage Loan Applications. 0 points will be charged. A $20 Credit Report fee will also be charged at time of application. Additional non refundable fees include Appraisal, Flood Certification, and Title Report.  Other closing fees will also apply. 

The interest rate charged will be determined based on your credit rating. 

Home Equity Loans

Doolin Security Savings Bank, FSB offers Home Equity Loans with a maximum 15 year term. Your interest rate will be determined by both your credit rating and the loan term you select. A Home Equity Loan will provide you a one-time lump sum disbursement of loan proceeds and a fixed rate of interest over the term of your loan. Doolin Security Savings Bank, FSB will lend you up to 90% of the appraised value of your property. 

Use the equity in your home for large expenses or to consolidate higher-interest rate debt on other loans, such as credit cards. In addition to a Home Equity Loan often having a lower interest rate than some other common types of loans, the interest is usually tax-deductible.*

You will need to submit your Home Equity application in person. You’ll provide information about yourself and anyone else who is going to be listed as a co-borrower on the loan. You will need to provide us with documentation to help verify your income, employment history, creditworthiness, and overall financial situation. If you are applying with someone else (called a co-borrower), they will also need to provide the same documents. The required documentation will vary pending on your circumstances. You can expect us to ask you details about your employment and financial history. With your permission, we will also run your credit bureau report as part of the process.
 
Come and see us today, to discover is a Home Equity Loan is right for you!

A $150 non-refundable  Loan Origination Fee will apply to all Home Equity Loan Applications. Additional non refundable fees may include an Appraisal, Flood Certification, and Title Report. Other closing fees will also apply. 

The interest rate charged will be determined based on your credit rating as well as Prime Rate plus a margin.   

* Please consult your tax advisor for interest deductibility requirements

Home Equity Line of Credit

Doolin Security Savings Bank, FSB offers Home Equity Lines of Credit (HELOC) with a 10 year draw period, and a maximum amortization term of 20 years. Your interest rate will be determined by both your credit rating and the loan term you select. A HELOC provides you the ability to borrow against the available equity in your home and the house is used as collateral for the line of credit. Like a credit card, as you repay your outstanding balance, the amount of available credit is replenished. This means you can borrow against it again if you need to, and you can borrow as little or as much as you need throughout your draw period (which is 10 years), up to a credit limit established at closing. At the end of the draw period, the repayment period begins, which is typically 20 years. 

Doolin Security Savings Bank, FSB will lend you up to 90% of the appraised value of your property. A HELOC has a variable interest rate, which is eligible for adjustment on a monthly basis. The margin determined at time of loan closing will remain constant throughout the line of the line of credit.

As you withdraw money from your HELOC, you’ll receive a monthly bill with variable-rate monthly minimum payments. Payments may change based on your balance and interest rate fluctuations, or if you make additional principal payments. Making additional principal payments when you can will help you save on the interest you’re charged and help you reduce your overall debt more quickly. 

In addition to a Home Equity Line of Credit often having a lower interest rate than some other common types of loans, the interest is usually tax-deductible.* 

You will need to submit your Home Equity application in person. You’ll provide information about yourself and anyone else who is going to be listed as a co-borrower on the loan. You will need to provide us with documentation to help verify your income, employment history, creditworthiness, and overall financial situation. If you are applying with someone else (called a co-borrower), they will also need to provide the same documents. The required documentation will vary pending on your circumstances. You can expect us to ask you details about your employment and financial history. With your permission, we will also run your credit bureau report as part of the process.
Come and see us today, to discover is a Home Equity Line of Credit is right for you!

A $150 non-refundable  Loan Origination Fee will apply to all Home Equity Line of Credit Applications.  Additional non refundable fees may include an Appraisal, Flood Certification, and Title Report. Other closing fees will also apply. 

The interest rate charged will be determined based on your credit rating as well as Prime Rate plus a margin.  

* Please consult your tax advisor for interest deductibility requirements

Call us today! 304-455-1850

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