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 Type Loan to Value Ratio PMI Required
Residential 1-4 Family 80% No
Residential 1-4 Family >80 And Up To 95% Yes
Commercial Property 70% No
Multi-Family Property 70% No
Residential Construction 80% No
Commercial Construction 70% No
Unimproved Land 65% No
Second Mortgages* 80%** No
Investment Property 75% No
Investment Property >80 And Up To 90% Yes
Agricultural Property 75% No

Secondary Market Loans

Account Type Loan to Value Ratio PMI Required
Residential 1-4 Family 80% 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 Type Loan to Value Ratio PMI Required
Loans On Deposit Accounts 90% 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.