Loan Services

Consumer Loans | Home Mortgages | Home Equity Loans | Commercial Financing

A new car or boat. That dream home. A vacation to the islands. The new kitchen you've always meant to put in. At The State Bank of Faribault, we know what you want, you may need help. That's where we come in. Call or stop by the bank, our loan officers can help you sort through all your financing options.

Consumer Loans

When it comes to loans, State Bank of Faribault offers everything you could ask for! Get great rates and fast service on…

  • AUTO
  • HOME EQUITY LOANS
  • RVS, ATVS, MOTORCYCLES
  • HOME IMPROVEMENT PLANS
  • COLLEGE FINANCING AND MORE!

See us for flexible terms to match your budget and your lifestyle. We’re here to help!

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Mortgage Financing

When you're ready to buy, build or refinance, visit the specialists at State Bank of Faribault. Our friendly and experienced professionals can help you select the right type of mortgage for your particular needs. We offer...

  • FIRST TIME HOMEBUYER RATES
  • INSURED, LOW DOWN PAYMENT MORTGAGES
  • 15, 20, & 30 YEAR FIXED-RATE MORTGAGES
  • ADJUSTABLE RATE AND BALLOON MORTGAGES
  • SECOND MORTGAGES
  • HOME EQUITY LOANS
  • VA AND FHA LOANS
  • CONSTRUCTION AND PERMANENT FINANCING

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Home Equity Loans and Lines of Credit

State Bank of Faribault delivers all the benefits of using your home's equity to help you accomplish your financial goals. Home equity financing (the difference between your home's value and the amount you owe on your mortgage) gives you...

  • CONVENIENCE—ACCESS BY CHECK, PHONE, OR IN PERSON
  • FLEXIBILITY—USE FOR HOME IMPROVEMENTS, RVs, ETC.
  • TAX BENIFITS—MANY PEOPLE CAN DEDUCT THE INTEREST (ask your tax advisor for details)
  • GREAT RATE
  • FAST SERVICE—WE APPROVE MOST LOANS THE SAME DAY

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Commercial Loans

Let our specialists help you make the best financing decisions for the future of your business.

We can help you with…

  • TERM LOANS (office equipment, computer systems, vehicles)
  • COMMERCIAL REAL ESTATE
  • LAND DEVELOPMENT LOANS
  • WORKING CAPITAL CREDIT LINES
  • OPERATING LINES
  • SMALL BUSINESS ADMINISTRATION LOANS
  • AGRICULTURAL LOANS
  • AND MUCH MORE

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