New Washington State Bank
New Washington State Bank
402 E Main Street
New Washington, IN 47162
Ph: (812) 293-3321
Fx: (812) 293-3072
Email: online@newwashbank.com


Yes, we have a variety of mortgage programs that we can provide. Please review the information below and contact any of our loan officers for more information. They will be glad to assist you.

The New Washington State Bank mortgage team can help with various types of home loans. We offer mortgage loan products customized to meet your specific needs. Below are some examples of popular loan programs we currently offer.

FHA and VA Government Loans
100% Financing - Purchase or Refinance (seller paid closing costs acceptable)
Conventional 30, 25, 20, 15, or 10 Year Fixed Rate Loans
Conventional 6 mo., 1, 3, 5, 7, or 10 Year ARM Loans (30 yr amortization)
Interest only Loans (pay interest only for first 10 years)
No Income No Asset Loans (no verification of income or assets)
Stated Income Loans (no verification of income)
A-minus Loans (borrowers between good and "not so perfect" credit)
Primary Residence, Second Home and Investment Property Loans
Manufactured Home Loans
Condominium Loans
Construction Loans
Selective 40 year amortization available for lower monthly payments