Evans understands taking pride in your home.
It’s why we take pride in making it possible for everyone.
Whether you’re a first-time home buyer or you’re looking to purchase a new home, Evans Bank can help with great lending options that make it easy and affordable.
It’s homeownership – a better way – for you and the community.
Nothing provides peace of mind like the stability of a fixed-rate mortgage.
The monthly payment or principal and interest will remain the same for the entire term of your loan. Fixed-rate mortgages are an attractive solution for those who expect to be in their home for a long period of time, or for those who want the security of a fixed monthly payment. Terms of 15, 20, and 30 years are available.
Evans Bank takes pride in making home ownership available to everyone.
This program offers a low down payment and expanded qualifying ratios. Attractive interest rates can make home ownership a reality. This program features flexible underwriting criteria to individuals meeting income limitations (80% of HUD Area Median Income) for as little as 0% down payment and closing cost assistance provided by Evans Bank. Consult with a Mortgage Loan Officer to determine eligibility.
Home ownership with a plan – that’s the First Home Club.
The Federal Home Loan Bank of New York (FHLBNY) will match your funds 4 to 1 up to $7,500 with a homebuyer’s systematic dedicated savings account through Evans Bank. Low to moderate-income families can make home ownership a reality. Funds can be used toward a down payment and/or closing costs to purchase your first home. A savings account is required for a 10-24 month period and you must complete a registered home ownership counseling program.
Are you ready for a home of your own? Or maybe you simply want to refinance and take advantage of low interest rates. The Evans Neighborhood Mortgage features flexible underwriting criteria to promote homeownership. With no household income limitations and as little as a 3% down payment, this program is available for purchases and refinance transactions. Consult with a Mortgage Loan Officer to determine eligibility.
The dream of building a home can become a reality with this convenient program.
Designed to take you through and beyond the construction period, the short-term construction loan is designed to cover costs during construction. Funds are drawn as phases of the building are completed. Interest-only payments are made monthly only on the amount drawn. Once the home is completed, the loan will be converted to a permanent-mortgage of your choice.
Jumbo mortgage loans are available at Evans for any mortgage request that exceeds the conventional mortgage amount of $417,000 for a single family home. Interest Rates and underwriting requirements may be different based on the higher loan amount.
Evans Bank currently provides financing for properties located in the Western New York area, encompassing Erie, Chautauqua, Cattaraugus, and Niagara counties.