Fixed Rate Real Estate Mortgages*
Fixed rate mortgages are loans that have a fixed interest rate over the life of the loan. With these loans, your monthly payment for interest and principal never changes and the amount you pay for items such as property taxes and insurance may change from year to year. If you want predictable payments over the life of your loan, the fixed rate mortgage may be the best option for you.
Adjustable Rate Real Estate Mortgages (ARM)*
Adjustable rate mortgages typically start at a lower interest rate (and lower payments) but interest rates and payments fluctuate depending on market interest rates. An ARM is adjusted on a regular basis. Increases are usually capped for each adjustment period and for the life of the loan.
Residential Investment Loans
An investment property loan finances real estate that generates income, such as an apartment building or a rental house.
Commercial Multifamily Real Estate Loans
1 - 10 Year Fixed Rate Mortgages (Amortizing, Interest Only, and Balloon)
1, 3, 5, and 7 Year Indexed Adjustable Rate Mortgages
Wall Street Journal Prime Indexed Mortgages (Amortizing, Interest Only, and Balloon)
Home Equity Loans and Lines of Credit A home equity loan uses the equity in your home as collateral. Home equity loans may offer significant tax savings due to the fact that interest paid on this type of loan may be tax-deductible*. These loans are often used to consolidate debt or pay for large expenses such as college or a wedding.
A home equity line of credit (HELOC) is an open-ended loan, secured by the equity in your home. Interest paid on a HELOC may be tax deductible*. These loans are often used to consolidate debt or pay for large expenses such as automobiles or vacations.
*Consult your tax advisor regarding the deductibility of interest.
Commercial Non Real Estate Loans
Working Capital
Purchase or Refinance - Equipment and/or Inventory
Term Loans
Interest Only
Jumbo loans available up to $750,000.
New!
New and Used Car Loans - - with competitive rates and flexible terms!
Visit the N.A.D.A. Official Used Car Guide web site for new and used vehicle pricing information.
North Akron Savings Bank
158 E Cuyahoga Falls Avenue, Akron, OH 44310
Call (330) 434-9137 and ask for the location nearest you:
Akron | Cuyahoga Falls | Munroe Falls | Norton | Stow-Kent
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