At Scott State Bank, located at 1120 State Hwy. 121, Mt. Zion, IL 62549, we offer a variety of residential mortgage loan options to suit your needs. Our conventional loans include fixed-rate and balloon mortgages with flexible terms, low closing costs, and no prepayment penalties, all originated and serviced by our bank. Our USDA Rural Housing loans feature fixed rate and “leveraged” programs guaranteed by the USDA, requiring no down payment, and are designed for moderate to lower-income households and first-time homebuyers. These loans require the home to be located in a USDA-approved rural community and have no prepayment penalties. Additionally, we offer secondary market loans with long-term fixed rates, serviced by Scott State Bank – Maroa, an FHLMC-approved lender. Payments for these loans can be made at any of our locations.