Conventional Loan are the most common loans used in purchasing or refinancing a home. American Bank and Trust has different investors we can use to get you the best rate in the market. Can be used for purchase or refinancing as a feature.
Features & Benefits of a Conventional Loan
- For Primary Residence, Second/Vacation Home or Investment Properties.
- Multiple Terms Available
- Options as little as 3% down payment
- Loans are Processed and Underwritten Locally
- Options for Servicing Retained by AB&T which means payments can be made at your local branch!
Conventional Loan Requirements
- Max Loan amount $806,500
- Other Requirements May Apply
Already know the type of home loan you are looking for?
Download Our New AB&T Mortgage App!
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Unlock your gateway to homeownership with our mortgage app at your fingertips.
- Streamlined Application with a user-friendly, paperless application process.
- Real-Time Updates through instant notifications on your application milestones.
- Secure Document Uploading means no more lost paperwork or hassles!
- Streamlined Application with a user-friendly, paperless application process.
- Real-Time Updates through instant notifications on your application milestones.
- Secure Document Uploading means no more lost paperwork or hassles!
Take control of your homeownership journey by downloading our
new American Bank & Trust Mortgage App.
Find Your Perfect Mortgage Loan Officer
A great home buying experience starts with great home buying partners. Meet your American Bank & Trust mortgage team and discover an outstanding group that truly lives at the intersection of what if and why not? With AB&T home loan experts, you’ve got neighbors you can always count on.
Looking for more information about Home Loans? Visit the South Dakota Housing Development Authority.