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Mortgage Services

Your Homebase

Whether you’re looking to purchase your first home, refinance your existing house, build a dream home, make some much-needed improvements or want to buy a second home, American Bank’s loan officers can help you find the option that is just right for you. We’ll take the time to answer any questions you have and put you on the right track to find the best solution.

We have several financing options for you:

Fixed-Rate Mortgage

With a fixed-rate mortgage, you lock in your mortgage rate for the life of the loan.

Adjustable-Rate Mortgage (ARM)

An ARM, where mortgage rates change throughout the life of the loan, is a great option for those whose needs aren’t met with other programs.

Wisconsin Housing Economic Development (WHEDA)

WHEDA offers special loan programs for those who meet eligibility requirements. Many of them are designed with first-time homebuyers in mind.

United States Department of Agriculture (USDA) Rural Housing

With this special loan program, you can reduce costs for purchasing a home in a rural or suburban area.

Home Equity Line of Credit

Use the equity in your home for needed repairs, to pay off debt and more!

Construction Loan

Get the funding you need for your next building project.

Other Loan Programs

American Bank has access to other special loan programs, such as Veteran’s Administration (VA) Loans and Jumbo Mortgages, for those who qualify. Speak to your lender for details.

To learn more about these Home Loan programs, and which one may be right for you, contact one of our friendly and knowledgeable Loan Officers today.

How to Apply for a Mortgage

Apply for a mortgage online

Or call 920-885-2700 to start your application


First-Time Homebuyer Tips

Rest assured, you can complete this process easily at American Bank because our team of friendly and knowledgeable lenders will be with you every step of the way!

Step 1: Start the Application Process

You can do this online at your convenience or by stopping into one of American Bank's three Beaver Dam locations or our office in Necedah.

Once your lender receives your application, you can make an appointment when it’s convenient for you, including evenings and weekends, to meet one-on-one with your dedicated lender. To contact one of our friendly and knowledgeable lenders, visit Our Lenders page.

Based on your unique situation, our lenders will be able to answer questions such as:

  • How much house can I afford?
  • Do I need a down payment?
  • What role does my credit score play?
  • How will a mortgage payment compare to a rent payment?
  • And many more

Step 2: Pre-Qualification

If you provide your lender with a W2 form or tax return, past bank statements and current pay stubs, our lenders will be able to give you a pre-qualification letter after your first meeting.*

This letter will give your realtor the assurance you've met with a lender to discuss how much you can afford. It also helps avoid surprises for you later in the home-buying process.

* All loans are subject to credit approval.

Step 3: It's Time to Contact a Realtor

When you're buying a home, just like it's important to find the right lender, it's equally important to find the right realtor. Work with someone who knows exactly what you're looking for in an ideal home — and in your price range.

Step 4: Make an Offer

When you find the home that’s perfect for you, make an offer.

Work with your realtor to not only negotiate on the price of the home, but also on items such as who will be responsible for the closing costs (you or the seller).

Step 5: The Finishing Touches

Once your offer is accepted, a copy will need to be provided to your lender. You’ll also need to let him or her know which loan program you’ve chosen based on the options provided to you during the first meeting (see Step 1).

After that, an appraisal will be ordered to ensure the loan amount is appropriate.

Step 6: Closing

Congratulations! You are now a homeowner!

Loan Documents


Quick Links

Loan Rates

Home Affordability Calculator

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