Mortgage Loans

Whether you’re purchasing your first home or your fifth, we take the time to thoroughly explain all your mortgage loan options and tailor a strategy that best applies to you.

Home Loans

We offer competitive interest rates, low down payment options, local decisions, and an easy process, so when it comes time for action, we can complete the closing quickly and efficiently.

Refinance Loans

There are a number of reasons to consider refinancing your mortgage. One of our local market experts can help determine if it is right for you.

Construction Loans

We have a team of local experts to help you finance your construction project and permanent financing on a low fixed interest rate.

Renovation Loans

Purchase a home and immediately renovate the home you already live in and love! This type of loan not only allows you to put your stamp on a home but adds value too.

Home Equity Loans

You can put the power of your home’s equity to use with a Texas Home Equity loan from First State Bank. Your interest payments may be tax deductible.

Home Loans

Purchasing a home can be very exciting, but it can sometimes be confusing too. First State Bank takes the time to clearly explain all your home loan options and what they mean to your situation. When it comes time for action, we can process all closing documents quickly and efficiently.

Competitive interest rates

Quick, local decisions

Local service throughout life of loan available

Low - to no down payment option

Local experts in Panhandle real estate

Multiple mortgage options

Fixed rate mortgages

Adjustable rate mortgages (ARM)

Refinance Loans

There are a number of reasons to consider refinancing your mortgage, and changing market conditions are adding to that equation. Part of our commitment to First Class Banking is taking the time to thoroughly assess your unique situation and help arrive at the best solution for you.

To lower your monthly payments

Take advantage of lower interest rates

Shorten your term

Roll in your closing costs (for qualifying borrowers)

Replace a balloon payment with a longer loan term

Switch from an ARM to a fixed rate

Take advantage of improved credit rating

We now offer FHA Streamline Refinance, no appraisal required! (For qualifying borrowers)

Refinancing your mortgage can save you substantial amounts of money ... but it costs money up front. The easiest way to determine if refinancing makes sense for you is to calculate the closing costs of the refinance loan, and how long it will take to "break even" on those costs with the lower monthly payments you receive with the refinancing.

If you will live in the house longer than this break-even point, refinancing could be a good option. First State Bank has been working closely with our community's homeowners since 1948. We can help you calculate this break-even point and assess the best strategy for you as you continue your homeownership.

Construction Loans

When you’re building a home instead of purchasing an existing property, your loan takes on new circumstances. First State Bank has a team of local experts to help you finance your construction project from start to finish, then discuss your options for moving into permanent mortgage financing with a lower fixed rate.

Competitive interest rates*

Quick, local decisions

Local service throughout life of loan

Local experts in Panhandle real estate

*Interest only paid monthly for qualified borrowers

Renovation Loans

Purchase a home and immediately renovate the home you already live in and love! This type of loan not only allows you to put your stamp on a home but adds value too.

Purchase or refinance a home and include repair costs in a single mortgage

Competitive interest rates

Quick, local decisions

Local service

Home Equity Loans

You can put the power of your home’s equity to use with a Texas Home Equity loan from First State Bank. The loan amount is disbursed all at once, and you can use the funds to buy a car, make home improvements, consolidate debt, pay college tuition, or whatever purpose you choose.

Roll in closing costs (for qualifying borrowers)

Utilize home equity for Texas Home Equity

Fixed interest rates available for qualified borrowers

Interest payments may be tax deductible

Smooth application process

Quick, local decisions

Personal Service

Contact First State Bank

We have three offices, in Stratford, Dumas, and Dalhart. We provide our customers with the most advanced financial products and services while retaining a close, personalized approach to customer service.

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Stratford

Phone: 806-396-5521

Toll Free: 1-800-766-4518

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Dumas

Phone: 806-935-4184

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Dalhart

Phone: 806-249-5513

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Report a lost or stolen Debit Card

Please call your local branch during regular business hours

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Report a lost or stolen Debit Card over the weekend

(800) 264-4274, select option 6.