Consumers Loans
Home Equity Loans
Residential Mortgage Loans
Rural and Low to Moderate Mortgage Loans
Secondary Mortgage Loans

Consumers Loans
We make personal or consumer loans for every worthwhile purpose and provide you with a large array of borrowing options and terms. Check out our rates here.

Rayne State Bank can offer you a wide range of Consumer Loans to fit all of your needs; a sampling is listed below and is not all the reasons customers borrow:

Know this, at Rayne State Bank, we'll work with you. We'll help you determine the kind of loan you want, when you want it, and at repayment terms that fit your budget.

~ Return to the top ~

Home Equity Loans
A line of credit based on the borrower's equity in a home, for example, the market value of the home minus the amount of mortgage principal remaining to be paid. The borrower can access all or any part of his credit by writing a check or using a credit card.

~ Return to the top ~

Residential Mortgage Loans
What an exciting time in your life. This can be one of the best or worst experiences…it all depends on planning ahead. We can help you pre-qualify for a home loan - giving you a head start in knowing what you can afford. When you know where you stand from the very beginning, finding the right home is just a matter of deciding whether you want the house with the two car garage and swimming pool in town or the pretty little home nestled in the country.

Our experienced loan specialists will work closely with you to determine the mortgage that's exactly right for you. We'll be pleased to meet with you at your convenience - either at your office/home or any Rayne State Bank location. We'll assist you in completing an application and answer your questions until you are satisfied. Whether you're thinking of buying a home or refinancing your mortgage, we think we have the options for you. Either way, it's never been easier to make the most out of your home.

~ Return to the top ~

Rural and Low to Moderate Mortgage Loans
Have trouble getting a loan because you don't make enough money…or you make too much money to qualify for other loan programs. Check out our loan program that's perfect for people that are just getting started or need to downsize.

Who Qualifies?

• Residents income is determined each year for Acadia and Lafayette Parishes utilizing HUD Median Family Income Table.
• Household Debts that only claim 40% of your gross household income with 30% reserved for your House Note.
  

What are the Terms?*

• Call Customer Services for terms available and more information about this program.

How can I afford to buy a home? With as little as 5% down, you can't afford not to?

• With as little as 5% down... You can borrow 95% of the appraised value of your home at the Community Investment Program Rate* plus 2%.
  
• With as little as 10% down... You can borrow 90% of the appraised value of you home at the Community Investment Program Rate* plus 1.75%.
  
• With as little as 15% down... You can borrow 85% of the appraised value of your home at the Community Investment Program Rate* plus 1.5%.
  

*Rate and terms are subject to change. Rates established by the Federal Home Loan Bank of Dallas.

~ Return to the top ~

Secondary Mortgage Loans
We offer various rates, terms and downpayment requirements for loans placed in the secondary market. Please call Customer Services for more information.

~ Back ~ Return to the top ~