• Lower payments and great rates
• You choose the amortization schedule
• Enjoy the flexibility of controlling what you pay each month
• Check out our rates and apply online

Construction Loan to Permanent Mortgage
From the time you break ground on your new home site until you actually move in, S&T is by your side with financing solutions.

• Flexible construction loan financing programs
• Offers the option to convert your construction loan to a permanent mortgage loan at the end of the construction period
• Allows you to begin new construction while still living in your current house

• Make half the monthly mortgage payments every two weeks
• Accelerate principal reduction
• Pay less interest than a conventional mortgage with the convenience of automatic bi-weekly payments
• Bi-Weekly Mortgage payments must be drafted from S&T checking account

FHA Mortgage
Low down payment, no income limits, not required to be a first time homebuyer.

• Minimum cash investment of 3% does not need to be borrower funds
• Credit history flexibilities
• Maximum loan amounts vary by county

• Designed to provide financing for low and moderate income homebuyers
• Great option for first-time buyers
• First-time homebuyer requirement may be waived in some counties

• Get approved for S&T home financing before you even start looking for a home
• Save time and reduce stress by knowing exactly what you can afford
• Sellers will consider your offer more seriously knowing you have pre-approval for financing
• A low, pre-approval processing fee will be credited to your final closing costs at settlement

VA Mortgage Loan Program
For those who have bravely served our nation.

• No down payment required when purchasing a home
• VA mortgage loans are available with no money down for any loan up to $417,000
• The ability to lock in historically low rates
• Even with a Loan-to-Value of 100%, there is no monthly Mortgage Insurance required for a VA home loan
• VA mortgage loans are often assumable
• Borrowers enjoy improved streamlined processing

My Community Mortgage
Ideal for borrowers with limited funds for down payment and closing costs and those needing extra flexibilities on credit, income sources, or access to special options.

• Minimum borrower contribution of $500
• Flexibility on credit history
• Income limits waived in FannieNeighbors areas
• Loan-to-values to 97%

Cash Out Mortgages
Cash-out refinancing is a transaction in which a new mortgage is issued that is greater than the outstanding unpaid principal balance of the previous mortgage. 

• Cash-out transactions allow homeowners to spend the equity they have accumulated in their homes
• Cash-outs differ from home equity loans or lines of credit in that they are a new mortgage, not a second loan against the equity in a home
• Check out our rates and apply online