Why The PrivateBank
We offer a range of mortgage options with competitive rates and low costs. Our mortgage specialists average nearly 20 years of experience – skills they tap to make the process easy and efficient for you. For over 20 years, The PrivateBank has provided individuals and families with a range of everyday banking, investment savings and residential lending options. With fixed- and adjustable-rate loans, affordable mortgage options and specialty lending, we can find the mortgage uniquely suited to you and your financing needs.
Fixed Rate Mortgages
If stability and consistency are what you prefer, fixed-rate mortgages keep your monthly principal and interest payments the same throughout your loan term. We offer fixed-rate loans along with Jumbo loans for purchases up to $2 million. Let us help you select the right financing option.
Adjustable Rate Mortgages
For those who plan to stay in their homes for shorter time periods, adjustable rate mortgages (ARMs) may help you minimize interest cost over the course of your home ownership and can be a terrific way to preserve your capital at very low rates. Ask us how to determine if an adjustable-rate mortgage is right for you.
Created specifically for home owners age 62 and older, reverse mortgages provide you with funds for day-to-day expenses, home repairs, health care needs and more. The amount you can borrow is generally determined by your age, available interest rates and the equity you have in your home. Talk to us to learn more about this special financing option.
Home Equity Loans & Lines of Credit
Home equity loans and lines of credit allow you to tap the equity in your home for special expenses. Whether you are considering home repairs or improvements, financing special events such as weddings or college tuition, or other expenses you may have, a home equity loan or line of credit may be an option for you. See one of our mortgage specialists for details.
Construction & Renovation Loans
Are you ready to build your dream home or give your current home a top-to-bottom makeover? Then a construction or renovation loan through The PrivateBank may provide you with the financing needed to turn your vision into reality. Construction and renovation loans are generally short-term financing options that run for the life of your project. To learn more, contact one of our mortgage specialists.