Mortgage Products | Bank 34

Mortgage Products

Mortgage Solutions For Everyone

Purchasing a home, whether it’s your first or last, is one of the bigger decisions you will make throughout your life. And, whether you’re building your dream home or looking to refinance an existing one, helping people achieve their dream of home ownership has been Bank 34’s passion from the beginning. Naturally, many questions will arise through these scenarios, so rest assured Bank 34 is here to assist you in understanding and guiding you through the entire loan process from beginning to end. Our goal is to make your experience a smooth and pleasant one.

On a new home purchase, before you start home shopping, you may want to get Pre-qualified for a home you can afford. This will give you an idea of how much you will need for a down payment, closing costs, and finding a home within your budget. A credit report will not be pulled for a Pre-Qualification but once you formally apply for a mortgage and get Pre-Approved, a credit report is pulled.  In competitive markets, sellers are more likely to consider serious offers from buyers who have secured a Pre-approval, since there is a higher likelihood that the transaction will close. Sellers may be more willing to accept a buyer’s offer when they know that a lender has already reviewed certain credit and perhaps qualifying loan documents essential to the transaction. Contact us for a free Pre-Qualification over the phone today or apply now online for a Pre-Approval!

Mortgage Loan Products

  • Purchase & Refinance (Rate & Term or Cash-out)
  • Primary residence, second home or investment properties
  • Conventional, FHA and VA
  • USDA & USDA Streamlined Assist
  • Home Equity Loans – 1st or 2nd on primary or secondary residence; Portfolio in-house loan; Competitive and fully amortized fixed rate
  • Home Equity Lines of Credit (HELOC)- 1st or 2nd on primary or secondary residence; Portfolio in-house loan, Adjustable rate
  • Residential Home Construction/Home Improvement Loans. Minimum loan amount $5,000 and maximum LTV is lesser of up to 90% of cost or 80% of appraised value
  • Improved Land Loans – Portfolio in-house loan
  • Quick, simple and free Pre-Qualifications by telephone or in person
  • Mortgage Loan Consultant available 7 days a week by appointment or Apply Now link below

FHA Loans

Federal Housing Administration (FHA) loans allow you to purchase a home with low down payments. Because of the low down payment, borrowers are required to pay a mortgage insurance premium (MIP) on top of their monthly payment. The FHA program has been in place since the 1930s to help stimulate the housing market by making loans accessible and affordable. Traditionally, FHA loans have helped military families who return from war, the elderly, handicapped, or lower-income families, but really, anyone can get an FHA loan – they are not just for first-time home buyers.

  • FHA
  • FHA Streamline Refinance

Veteran Administration (VA) Loans

Bank 34 is proud to serve the U.S. Armed Forces and Veterans. VA loans provide financing to eligible veterans, active duty members, reservists, National Guard members, and surviving spouses.

  • VA Mortgage Loans featuring flexible credit score requirements for qualified U.S. Veterans
  • VA Interest-Rate Reduction Loans with minimal closing costs and flexible credit score requirements

USDA Loans

USDA & USDA Streamlined Assist programs are backed by the U.S. Department of Agriculture and are available for homes in eligible rural areas. While USDA loans do not require a down payment, they do require mortgage insurance.


EQUAL HOUSING LENDER. Bank NMLS #402600. Bank 34 – Corporate, 500 E. 10th St., Alamogordo, NM 88310.

Bank 34 is federally chartered and this certifies us to do mortgage loans in any state. All loans subject to program and full underwriting credit approval. Fees & conditions may apply. This is not an offer to lend. Contact Bank 34 to confirm offer availability and for complete details of applicable fees, terms, conditions and current rate information.

Todos los préstamos sujetos al programa y la aprobación completa del crédito de suscripción. Cargos y condiciones pueden aplicar. Comuníquese con el Banco 34 para obtener detalles completos de las tarifas aplicables, los términos, las condiciones y la información de la tarifa actual.