Mortgage Loans

Arkansas Mortgage Lender  Eagle Bank

Contact one of our friendly mortgage lenders at:

Heber Springs (501) 362-5821

Little Rock (501) 223-2000

We know that purchasing a home is an important, and sometimes overwhelming, financial decision. At Eagle Bank we are dedicated to helping you every step of the way. Our experienced Mortgage Officers are here to listen to your needs and provide a suitable product to help you achieve home ownership.

If you already own your home, call or stop by one of our branches to see about refinancing. Benefits to refinancing might include a lower rate, lower monthly payments, or a shorter term!

Types of Loans


Conventional Fixed Rate
Loans that have a fixed rate and monthly payment for the entire life of the loan. It's easy to budget for this type of loan because your payments will always be the same. The rate on a conventional mortgage loan is generally higher than an adjustable rate mortgage.

Adjustable Rate
Loans that usually start with a lower rate than fixed rate loans. We'll let you know how much the rate can be adjusted over the life of the loan, so you will know the absolute maximum amount you would ever have to pay. If you will be moving in a few years or if you think interest rates will be going down, you may want to consider this type of loan.

Loans that are guaranteed by the Veterans Administration. They provide 100% financing on the purchase of a home, and 90% for refinancing. You will need normal closing costs to move in, but there is little or no down payment.

They require a relatively small down payment, and are insured through Federal Housing Administration.

Rural Development
Loans provided in designated rural counties or areas that provide 100% financing. These loans are limited by income of the borrower or borrowers.

Items to bring at application

Name and address of employer(s) for the past two years
Most recent payroll stubs, originals if possible
Social Security or retirement income verifications
Residence address for past two years
Name, address and telephone number of landlord(s) for the past two years
List of all debts including account number, current balance, monthly payment and lender’s address
Last three statements for each bank account statement including account number, current balance, bank address and type of account
Copy of photo ID
Copy of Social Security Card(s)
DD Form 214 or Certificate of Eligibility (VA Loan)
Divorce decree and copy of child support registry, if applicable
Tax returns for previous two years
W2's for previous two years

If you are self employed, additional items may be needed.  You might be considered self employed if no federal withholding tax is deducted from your earnings or if you are a principal stockholder in a corporation or a partner in a legal partnership, even if you are drawing a salary.