Asst. Vice President
& Real Estate Loan Manager
Federal MLO 790443
Mary Jo Oster
Real Estate Loan Officer
Federal MLO 474151
American State Bank & Trust recognizes the pride that comes with home ownership and maintenance as well as the importance of providing capital for commercial buildings, farm operations and land acquisitions.
We offer a full range of mortgage financing options at competitive rates, all designed to fit a variety of lifestyles and needs. Customers will find many types of loans: Conventional Mortgage loans, Construction loans, Commercial Real Estate loans and Home Equity loans.
American State Bank & Trust Co. NMLS# 407966
Conventional Mortgage Loan Conventional Loans require a minimum down payment based on the purchase price or appraised value, whichever is less.
Home Equity Loans Qualified home owners may borrow up to a pre-determined percent of their appraised value.
Home Equity Line of Credit Our flexible, low-cost line of credit can help you manage your money better. It’s an easy way to cover home improvements, college expenses, wedding expenses, vehicle purchases or pay for that dream vacation. It’s also a sensible way to pay off higher-rate loans and credit card debt.
Construction Loans Construction loans are available to qualified applicants looking to build your dream home, whether you do it yourself or use an approved contractor.
Commercial Real Estate Loan Mortgages We have favorable rates and terms available to help finance your business property.