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We’d be proud to help you find a place in Wisconsin to call home — after all, this is our home too.

Key Features

  • Competitive Rates
  • Flexible Terms
  • Local Service
  • Competitive rates for home purchase or refinance
  • A wide range of terms designed to fit your budget
  • Fixed-rate mortgages available:
    • Interest rate does not change during life of loan
    • Down payments as low as 5%
    • Flexible term loans
    • Fixed/level payment of principal and interest for the life of the loan; interest-only payments available in some situations
    • May require private mortgage insurance
  • Adjustable Rate Mortgages (ARMs) available
    • Interest rate is adjusted periodically according to a preselected index
    • Down payments as low as 5%
    • Initial interest rate is locked for up to 7 years, then changes annually
    • Caps limit how much the rate may change over the life of the loan
  • Professional lenders with working knowledge of the local real estate market
  • Refinancing available to potentially lower your current rate
  • Local decision-making and processing in Southeastern Wisconsin
  • Friendly, attentive service from beginning to end 

Meet Our Lenders   Check Rates

We know buying your first home can be scary — but your community bank is here to help you lay down roots. Attend our free home buying seminars to get answers to your questions about choosing an affordable home, getting pre-qualified, and determining which loan will be best for you.

In addition to our seminars, we also offer programs to first-time home buyers, including:

  • Low Down Payment Loans: Tri City National Bank offers a variety of low down payment loans to fit your needs. In most cases these low down payment loans will require Private Mortgage Insurance (PMI). The mortgage insurance premium is generally paid monthly and added to your mortgage payment.
  • Credit Builder Program: This program is designed to help those who are new to the credit system build a credit history and save for a down payment. Credit builder loan proceeds are deposited into a certificate of deposit at Tri City and used as collateral for the loan. The monthly payments are reported to the credit bureau building your credit history. At the end of the term the borrower has the funds in the certificate of deposit to use as a down payment. 
  • Free Home Buying Seminar: Buying a home can be a daunting task. Our friendly presenters will answer all your home buying questions and concerns.
    • Wednesday, October 16, 2019, Racine branch (2704 Lathrop Ave.), 6-7:30 pm
    • Wednesday, November 13, 2019, Oak Creek (6400 S. 27th St.), 6-7:30 pm
    • If you are unavailable on these dates or your need is more urgent, please contact a local mortgage lender to arrange a one-on-one presentation. 

Email a Lender for Seminar Registration

Easy One-Closing Construction Loan

This loan has three different Adjustable Rate Mortgages (ARMs) to choose from. It is a combination of a construction draw loan and a permanent mortgage. You’ll have one closing and pay closing costs one time. The construction draw phase is followed by a permanent ARM loan. Your interest rate is locked during the construction phase of your loan and until the first adjustment date on the ARM portion of your loan. The interest rate on the ARM portion of your loan may change throughout the term, however there are caps that limit how much the rate may change over the life of the loan and annually.

During the construction draw phase, your monthly payment will consist of interest on the funds drawn along with any escrow payments required for insurance and property taxes. After construction is complete, you will begin paying your full monthly mortgage payment to include interest, principal, taxes, and insurance.

If you choose to refinance into a fixed rate loan after construction is complete, we may be able to reduce your closing costs. 

Bridge Loan

With a Bridge Loan, you can remain in your current home and access the equity to buy or construct a new home. 

A Bridge Loan is a short-term loan with monthly payments of interest on the drawn funds along with any escrow payments required for insurance and property taxes. When your existing home sells, the net proceeds of the sale are applied to the Bridge Loan, and then you will be able to refinance the remaining balance into a permanent mortgage loan. 

Residential Lot Loan

This financing option is for borrowers purchasing fully developed residential lots for the eventual construction of their primary residence. The lot should be approved for septic and well if it will not have public sewer and water service.  

We offer the following government loans to assist qualifying homebuyers:

FHA Loans

Federal Housing Administration (FHA) loans are federally insured, which may require a smaller down payment and may offer a lower interest rate than a comparable conventional loan. This might be the right loan for you if you are a first-time homebuyer or if you have limited cash for a down payment and closing costs.

  • Down payments as low as 3.5%
  • Fixed or adjustable interest rate
  • Flexible terms 
  • Requires FHA mortgage insurance
  • Balloon payment options not available 

Learn more about FHA loans. 

VA Loans

If you have been a member of the U.S. Military, you may qualify for a VA loan to help you purchase a primary residence. VA loans are federally guaranteed, which can make home buying more affordable with a fixed interest rate and payment, no monthly mortgage insurance to pay, and in some cases, no down payment requirement. 

  • Up to 100% financing for eligible military personnel
  • Fixed/level payment of principal and interest for the life of the loan
  • Balloon payment options not available
  • Flexible terms 
  • Monthly mortgage insurance not required 

Learn more about VA loans.


WHEDA is the Wisconsin Housing and Economic Development Authority. The WHEDA home mortgage program provides low down payment owner-occupied purchase financing for low to moderate income Wisconsin residents.

  • WHEDA Conventional Preferred Mortgage is a low down payment loan that does not require Private Mortgage Insurance (PMI).
  • WHEDA Easy Close Advantage Loan is a second mortgage loan used toward down payment and closing cost on WHEDA financed home purchase.
  • WHEDA Valor Program for Veterans offers a reduced interest rate mortgage loans for qualified veterans.
  • WHEDA Home Improvement Loan is available to low- and moderate-income Wisconsin homeowners. Loans of up to $15,000 available. 

Learn more about WHEDA loans.

Put Your Home to Work for You

If you are 62 years of age or better, you may be considering a reverse mortgage to add to your retirement income, eliminate debt payments, pay medical expenses, and make home improvements or more. A reverse mortgage is a loan secured by your primary residence that lets you eliminate debt payments and /or receive payments — either over time or all at once — based on the value of your home.

The Federal Housing Administration’s Home Equity Conversion Mortgage (HECM) program lets you convert a portion of the equity in your home into cash. Unlike a traditional home equity loan or second mortgage, no repayment is required until the borrower(s) no longer live in their home.

Let’s dispel a few myths about reverse mortgages and how they impact you:

Myth Truth
Lender owns the home. You continue to own your home.
At some time, you will lose your home. Simply not true.
Lender can force you to move. Not if you continue to live in the home as your primary residence, pay the property taxes, insurance and keep the property maintained.
You can outlive the equity. Payment options are available that will provide a monthly payment as long as you live in the house. (No matter how long you live).
You must own the home with no existing liens. You must have equity available in your home; any existing liens will be paid off as part of the reverse mortgage process.
Difficult to undo. You can prepay at any time without penalty.
You’ll owe more than the value of your home. The loan balance that is required to be repaid is limited to the home value at the time of sale HUD ML 2008-38 (Government insured).

View our FAQ to learn more.