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Personal Loans

Do you have a need to borrow money?

Choose West Gate Bank for your mortgage or personal loan.

Home Mortgage Loans

Welcome to West Gate Bank Mortgage


Thank you for visiting West Gate Bank Mortgage. To better serve you, please select the button that most represents your needs.

 

I have a WGB Mortgage I want a mortgage loan

 

Home Equity Loans

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.

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 statement

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

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.


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

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, lower of 10% down on purchase price or NADA (Blue Book) trade-in value. Subject to qualifying credit.

How long can I borrow for?

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

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

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.

Meet and contact our construction lender:

Adam Flanagan  Adam Flanagan
  6003 Old Cheney Road
  Lincoln, NE 68516
  402-323-8968

  MLO#768387

  Email Adam

 

 

 

 

 

 

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.

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

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

Current bridge loan rates

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

Meet and contact our bridge lender:

Adam Flanagan  Adam Flanagan
  6003 Old Cheney Road
  Lincoln, NE 68516
  402-323-8968

  MLO#768387

  Email Adam

View current personal loan rates

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

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