Loans

Century Savings and Loan Association offers a variety of deposit and loan products for customers in our service area. These products are listed below. Our intent for this internet banking site is to service customers within our service area. Our service area, as designated by our board of directors, includes the residents and businesses in Las Animas and Huerfano Counties of the State of Colorado.

The following loan products are available to customers financing property within the "Las Animas, Huerfano county service area."

Loans Retained and Serviced by Century

Account TypeLoan to
Value Ratio		PMI
Required
Residential 1-4 Family80%No
Residential 1-4 Family>80 And
Up To 97%		Yes
Commercial Property80%No
Multi-Family Property80%No
Residential Construction80%No
Commercial Construction80%No
Unimproved Land65%No
Second Mortgages*80%**No
Investment Property80%No
Investment Property>80 And
Up To 90%		Yes

Secondary Market Loans

Account TypeLoan to
Value Ratio		PMI
Required
Residential 1-4 Family80%No
Residential 1-4 Family>80 And
Up To 95%		Yes

The Following Loan Product Is Available To Customers In The Las Animas," Huerfano County Service Area.

Share Loans

Account TypeLoan to
Value Ratio		PMI
Required
Loans On Deposit Accounts90%No

* Same Limits As Stated Above

** Cltv Calculated Using Combined First And Second Mortgages

Note: Loans On Manufactured Homes May Vary From The Above Limits. Please Contact A Loan Officer.