New Residential Mortgage ProductsWednesday, March 11, 2009
Liberty Bank launches new suite of residential mortgage products
March 11, 2009; Beachwood, Ohio – Beachwood-based Liberty Bank, N.A. today announced that the bank has expanded its residential mortgage business and launched a new suite of mortgage loan products.
“Mortgage loans, underwritten properly, are one of the lynchpins to improving the economy,” said William A. Valerian, Chairman & CEO of Liberty Bank, N.A. “With interest rates lower than ever, we’re excited to be expanding our mortgage loan business with some very attractive residential loan products.”
Liberty’s mortgage products – available for both new and refinanced home loans – include:
Fixed Rate Mortgage Loans
• Conventional 15 or 30-year loan
• U.S. Department of Veterans Affairs (VA) loan
• Federal Housing Administration (FHA) loan
Variable Rate Mortgage Loans
• Physician Mortgage Loan
• Liberty Link Home Equity Line of Credit (HELOC)
• Jumbo Mortgage Loans
Liberty Bank’s Physician Mortgage Loan is designed to meet the unique needs of new and established physicians. This product offers the ability for physicians to obtain preferable financing due to their unique characteristics and earning potential.
Valerian added, “Not only are we seeking new business from homeowners interested in new and refinanced loans at these lower rates, but we will continue to build longstanding relationships with our current customers. What sets us apart is our partnership mentality and our high level of personalized customer service.”
Financially strong and stable, Liberty Bank was the only bank honored by the Weatherhead 100 program as one of the region’s top growth companies in 2008. This is the second consecutive year the bank has been honored by the Weatherhead 100 program. The bank has also been recognized for two straight years by the NEO Success Awards program as one of the most successful companies in Northeast Ohio.
With branch offices in Beachwood, Solon and Twinsburg, Liberty Bank serves local consumers and privately held businesses with sales of up to $35 million. For more information about Liberty Bank’s new line of mortgage products, contact Angela Campanella, Mortgage Loan Consultant, Residential Mortgage Lending, at 216-359-5542 or visit www.libertybankna.com.
Founded in 1990, Liberty Bank, N.A. is a full-service, community national bank. With branch offices in Beachwood, Solon and Twinsburg, the independently-owned bank serves local consumers and privately held businesses with sales of up to $50 million. Liberty Bank specializes in providing innovative financing and cash management services for commercial customers together with competitive rates and a high level of personalized customer service.
Liberty Bank, N.A.
25201 Chagrin Blvd. Suite 120
Beachwood, OH 44122
P (216) 359-5597
F (216) 359-5501