Mortgage Services

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!

Find a Mortgage Loan Originator in your area.


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.  

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!


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 backed 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!


3% Advantage Program

Owning a home is a dream that can now be realized.  Adirondack Bank's low down payment options and flexible terms make it easier for you to buy the home of your dreams.  Talk to an Adirondack Bank Mortgage Specialist today about our 3% Advantage Program.


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 website that allows the public to view information concerning state-licensed companies, branches, and individuals licensed and registered through NMLS. 

 

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