We offer a wide range of mortgages to choose from, whether you are purchasing or refinancing a home. At American Bank, we also provide you with competitive rates and personal assistance each step of the way, from the day you apply to the day you close.
First Time Home Buyer
When you are ready to purchase your first home, let your neighbors at American Bank guide you through the loan process and expertly explain every aspect of owning your first home. From principal amounts to interest rates, our loan experts can answer any questions you have while you are financing your first home.
Guaranteed Rural Housing
Achieve your dream of owning your rural home with a Guaranteed Rural Housing loan. This loan gives individuals the assets to not only purchase a home, but also have the funds to safely and securely repair or rebuild a rural home they will be proud to call their own.
No matter if you are refinancing your current country home or are looking to buy your first rural home, American Bank understands the benefits of country living and has options to fit all your needs. A rural living loan will help you develop your property and further enjoy the advantages of spacious, country living.
- Home Purchase
- First Time Home Buyers
- Home Refinance
- Cash-Out Refinance
- Home Construction
- Short Term Bridge Loans
The equity in your home can be used to fund home improvements, college expenses, large personal purchases, or to consolidate debt. We offer a variety of fixed and adjustable rate home equity loans and lines of credit. Some of these loans might also offer a tax advantage for you.
- Home Equity Closed End
- Home Equity Open End
Our personal lending services are designed to help you feel confident reaching your goals. Whether you are renovating your home, buying a new car, or planning a dream vacation, we will help you find the financial solution to make it happen.
Many of our agricultural lenders grew up on the farm and still enjoy farming interests today. Our team has knowledgeable, hard working lenders that are excited about serving agriculture customers, and we want to be part of your team so you can achieve optimum success. Local ownership, local knowledge, and local decisions are how we achieve this success together.
Farm Service Agency
The Farm Service Agency (FSA) is a division of the U.S. Department of Agriculture and assists all farmers, ranchers, and agricultural partners. Loans through the FSA offer financial solutions for those looking to establish, further improve, or expand their ranch or farm.
This loan program is offered through the FSA for a designated “beginner farmer”
Iowa Agricultural Development Division
Iowa Agricultural Development Division (IADD), formally known as the Iowa Ag Development Authority, is geared towards beginning farmers to help with initial expenses and opportunities for growth
Small Business Administration
The U.S. Small Business Administration’s (SBA) loan program is designed to help small business owners
- Operating Loans
- Livestock Loans
- Machinery and Equipment Loans
- Real Estate Loans
- Farm Service Agency (FSA) Guaranteed Loan Programs
- Iowa Agriculture Development Division (IADD) Beginning Farmer Loans
Get started with Agricultural Lending
With local decision-making and our solution-driven approach sets us apart from other banks. The American Bank team of lenders understand your specific needs and develop strategies to help your current and future endeavors succeed.
Small Business Administration
The U.S Small Business Administration (SBA) Loan Program offers many loan options designed to assist your small businesses with your unique needs. The SBA is an independent agency of the federal government established to counsel, assist, and protect the specific interests of small businesses.
US Department of Agriculture
The United States Department of Agriculture Loan Program (USDA) was created to encourage the further development or rural communities and is committed to growing these areas sustainably and responsibly.
- Commercial Real Estate
- Commercial Equipment
- Working Capital
- Inventory / Lines of Credit
- Expansion / Acquisition