Mortgage Loans

If you are thinking about buying your dream home or refinancing your current home loan, West Gate Bank offers a variety of home mortgage financing programs to help you meet your needs.

The goal here is to give you peace of mind. When you work with West Gate Bank, you work with experienced mortgage lenders at your local community bank. We have financed thousands of home loans all over Lincoln. Because West Gate Bank is a local community bank, we know the Lincoln market and have great relationships with experienced realtors, appraisers, and title companies in our community. We know how to get your loan through quickly and efficiently.

West Gate Bank's mortgage lenders will:

• Meet with you personally and listen to your individual goals
• Recommend a loan structure that meets your goals (we have many options and can customize a solution for you)
• Help you complete a loan application
• Keep you informed during the application, approval, and closing stages

Information West Gate Bank will need from you:

• A completed application
• 30-day pay stub history
• Two years of W-2
• Two years of tax returns (if self-employed)
• Two months of bank statements

Do you own your current home? Are you worried about getting your existing home sold in time to use the equity for a down payment? Consider a bridge loan from West Gate Bank.

View current mortgage loan rates

To get started today, complete a West Gate Bank Mortgage Application.

For more information about a mortgage loan from West Gate Bank, call 434-3456 today or stop by one of our seven convenient Lincoln locations.

Home Equity Loans

The equity in your home is one of your most valuable assets. You can use that equity to borrow for things you need today but don't have the money for right now. A home equity loan can bridge that gap.

Utilize a home equity loan for:

• Making improvements to your home
• Part of the down payment for your dream home
• College expense for your children
• Purchasing a new car or other large-ticket item

How much can I borrow?

The amount you can borrow is based on the value of your home, the amount of your first mortgage, your credit rating, and your income.

As a local community bank, we can lend up to 95 percent of the value of your property, subject to income guidelines and credit ratings.

What are the repayment terms?

Home equity loans can be set up with monthly payments based on a 15-year loan or as a line of credit. A line of credit allows you to advance the money, then pay it down again and repeat.

Your West Gate Bank banker will help you determine the best structure to fit your needs.

What information will West Gate Bank need from me?

1. A completed loan application
2. A copy of your most recent (two) pay stubs or the prior year's tax return
3. A source of value for your property, such as a purchase appraisal, assessor's website information, or a West Gate Bank valuation
4. The balance due on your first mortgage, along with a copy of your statment

View current home equity loan rates

For more information about a home equity loan from West Gate Bank, call 434-3456 today or stop by one of our seven convenient Lincoln locations.

Home Equity Lines of Credit

The equity in your home is one of your most valuable assets. You can use that equity to borrow for things you need today but don't have the money for right now. A home equity line of credit can bridge that gap.

Utilize a home equity line of credit for:

• Making improvements to your home
• Part of the down payment for your dream home
• College expense for your children
• Purchasing a new car or other large-ticket item

The advantage of a home equity line of credit is having the flexibility to use the funds when you need them and pay it back on a revolving basis, rather than a loan with funds that are available only once.

View current home equity line of credit rates

For more information about a home equity line of credit from West Gate Bank, call 434-3456 today or stop by one of our seven convenient Lincoln locations.

Auto Loans

West Gate Bank wants to help you get where you want to go.

A vehicle is an important asset for you. It helps you get where you want to go when you want to get there. To help you get where you're going, West Gate Bank makes loans for the purchase of new and used vehicles.

How much can I borrow?

Generally, the maximum amount borrowed is 80 percent of the NADA (Blue Book) retail price. Your equity for the loan can either be in cash or trade-in.

How long can I borrow for?

Loan payback is based on the age of the vehicle, your credit score, and income.

View current personal loan rates

For more information about an auto loan from West Gate Bank, call a banker today at 434-3456 or stop by one of our seven convenient Lincoln locations.

Construction Loans

West Gate Bank is Lincoln's leading construction lender.

If you are thinking about your dream home, West Gate Bank offers construction financing to help make that happen. West Gate Bank's construction lenders are here to help protect you and your investment. West Gate Bank has financed the construction of thousands of homes in Lincoln since 1980.

West Gate Bank's experienced construction lenders will:

• Review your plans and specifications before construction starts to assure that you are getting the most for your money
• Pre-qualify you for the permanent mortgage you will need after your home is built
• Review the draw requests and inspect work completed during construction as money is needed by the contractor to assure that the draw request matches the work completed
• Help keep invalid liens from being filed against your property
• Be available to assist you through every step of the construction process

When your dream home is completed, West Gate Bank can provide you with a permanent mortgage that best suits your individual needs.

The length of your loan will be set to coincide with the estimated construction time, which is generally less than one year. The cost (interest rate and fees) is based on current money market conditions, the location of the property, and your overall relationship with West Gate Bank.

To get started, West Gate Bank will need the following information from you:

• A copy of your plans, including specifications
• The location and legal description of your property
• A copy of the contract with your builder
• Personal financial information
  • Two years of tax returns
  • Current pay stub
• Completed loan application

Do you own your current home? Are you worried about getting your existing home sold in time to use the equity for a down payment? Consider a bridge loan from West Gate Bank.

View current construction loan rates

For more information about a construction loan from West Gate Bank, call 434-3456 today to speak to a construction lender.

Bridge Loans

Get from your existing home to your new home with a bridge loan from West Gate Bank.

Moving from one home to another can be stressful. While you are looking for your next home, the stress of selling your existing home in time to use the equity for a down payment can be overwhelming. In an ideal world, you would sell your existing home and have your cash ready for a down payment on your new home. Sometimes it just doesn't work that way.

When you need to bridge the equity from your existing home to a new one, West Gate Bank can provide a loan to get you there.

To start your bridge loan, you will need to give West Gate Bank:

• A copy of most recent appraisal or valuation of your existing home
• A copy of your most recent pay stub and tax return
• A completed loan application

View current bridge loan rates

For more information about a bridge loan from West Gate Bank, contact a construction lender at 434-3456 today.