Our Process

If you have any questions throughout the process, please call any of our loan officers at any of our locations, or email CustomerService@FNBofWamego.com

1. Download and complete the Pre-Approval Application
2. Bring the completed application and all other required documents to our main bank in Wamego, or one of our branches in Manhattan or Alma.
3. We'll contact you within 2 business days with the amount we have pre-approved. (The maximum amount we plan to lend you based on your application and the value of the home you find)
4. Search for the home you want to buy (www.realtor.com)
5. After you agree on a price with the seller, and sign a contract with the seller, bring a copy of the contract to your First National Bank of Wamego Loan officer to complete the loan process and receive your cash.

What you will need

• Signed and completed Pre-approval application and authorizations
• Copy of applicant's driver's license
• Copy of pay stubs covering the last 30 days for the borrower and co-borrower
• Copy of W-2s for the 3 most recent years for borrower and co-borrower if not self employed
• Copy of tax returns for 3 most recent years if self-employed or first time home buyer
• Copy of last two months bank statements for all accounts listed on application.

Home Loan Programs

We offer a wide variety of home loan options to fit different needs and budgets. Our loan programs range from the more conventional multi-year, fixed rate loan to VA and FHA Loans.

We can also help you decide if a Reverse Mortgage is right for you. A "reverse" mortgage is a loan against your home that you do not have to pay back for as long as you live there. To be eligible for most reverse mortgages, you must own your home and be 62 years of age or older.

Some of our loan programs include:

• Conventional 10, 15, 20, 25 and 30 Year Fixed Rates (Amortizing and Interest Only)

• One year ARMs and 3/1 and 5/1 ARMs
  (3% to 5% Minimum down payment)

• FHA Fixed Rates and One Year ARM and 3/1 ARM
  (Approximately 3% minimum down payment)

• VA Fixed Rates and 3/1 ARMs for Veterans
  (Zero minimum down payment)

• Kansas Mortgage Revenue Bond Program **First Time Homebuyer Program**
  (4% Cash Assistance – Can be combined with a Conventional, FHA, VA or RD)

• 103% LTV Fixed Rate and 3/1 and 5/1 ARMs
  (Zero down payment plus finance up to 3% more for closing costs)

• Investment Property Loans—1 to 4 Unit Properties Only
  (10% minimum down payment – special requirements)

• Jumbo Fixed Rates and ARMs
  (Loan amounts to $1 Million)

• No Income Verification Loans and No Ratio Loans
  (For self employed home buyers)

• Combo 100 to 100% LTV—80-20 Combo
  (3% of transaction is the minimum required contribution by customer)

• USDA Rural Development Loans
  (Zero down payments—customer pays closing costs)

• Construction-Permanent Financing Loans
  (Available for Conventional Owner Occupied-no cost refinancing of construction loan.)

• Bridge Loans
  (A Short term loan to assist you in the time between transactions to occur such as a purchasing a new home and selling your old home)

Get Started

Download the pre-approval application, or stop by any of our locations to pick up a copy of the pre-approval application, or email us with your address and we'll send a copy to you.