Mortgage Services

Adirondack Bank offers a variety of mortgage products with convenient terms and competitive rates.  Whether it's your first home or a refinance, we have the product that will suit your needs.

Let our team of professional and dedicated staff help you choose the product that's right for you!


Conventional Mortgages

Available to consumers looking to purchase or refinance anything from a single family home as their primary residence up to a four family home.  Conventional mortgages are available with either a fixed rate which is locked in for the term of the loan or with an adjustable rate (ARM – Adjustable Rate Mortgage) option which means that the rate can fluctuate based on market conditions and on the term selected.  The fixed rate option also provides the choice of monthly or bi-weekly payment schedules.

Check with a Mortgage Services Professional regarding the term and the options that are the best suited for your needs!


Jumbo Mortgage

A jumbo mortgage refers to a conventional mortgage loan over $417,000 and up to $600,000 for a single unit property. These are available with a fixed rate and monthly payments.

Check with a Mortgage Services Professional regarding the term and the options that are the best suited for your needs!


Adjustable Rate Mortgage

Adjustable Rate Mortgages or ARMs have a variable rate which can fluctuate up or down during the life of the loan depending on the index that the rate is tied to. Adirondack Bank utilizes the 1-year Treasury Bill for it’s index.

Check with a Mortgage Services Professional regarding the term and the options that are the best suited for your needs!


Construction Loans

Looking to build your dream home? Adirondack Bank can help with a construction loan to see you through from the beginning to the end of your project. Funds are advanced periodically throughout the construction phase and then the loan becomes a convetional mortgage when your home is completed!

Check with a Mortgage Services Professional regarding the term and the options that are the best suited for your needs!


Investment Property

Adirondack Bank provides options for financing investment property loans including single and multi-unit properties. You choose from fixed and variable rate options.

Check with a Mortgage Services Professional regarding the term and the options that are the best suited for your needs!


FHA / VA Mortgages

Adirondack Bank offers FHA (Federal Housing Administration) and VA (Veteran’s Administration) loan options.

FHA loans are government back and have relatively low closing costs and down payment requirements and offer easier qualifying guidelines than most lenders.

VA loans are a government loan backed by the Department of Veteran Affairs and provide veterans and/or their surviving spouses with a federally guaranteed mortgage with no down payment requirements.

Check with a Mortgage Services Professional regarding the term and the options that are the best suited for your needs!


Second Home/ Camp Financing

Looking for a second home or camp so that you can get away? Or maybe you just want to refinance your existing loan from another institution? Let Adirondack Bank show you just how easy that can be.

Check with a Mortgage Services Professional regarding the term and the options that are the best suited for your needs!


USDA Rural Housing Loans

This program assists low to moderate income rural homebuyers achieve their dream of homeownership. Applicants must purchase a home within the eligible rural areas and meet the established income limits where the home is located to qualify.

Contact a Mortgage Services Professional for additional details regarding this program.


S.A.F.E. Act

In order to provide homebuyers and the general public with greater information concerning the companies and professionals in the mortgage industry and in fulfillment of the federal S.A.F.E. Mortgage Licensing Act of 2008, the Nationwide Mortgage Licensing System & Registry (NMLS) hosts a web site called NMLS Consumer Access. NMLS Consumer Access is a fully searchable web site that allows the public to view information concerning state-licensed companies, branches, and individuals licensed and registered through NMLS. 

Click to View Airondack Bank's Registered Mortgage Loan Originators

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