Banking

In the Market for a New Home?

State Farm Bank deposit accounts are FDIC insured.

State Farm Bank® is here for you every step of the way. We'll help you determine how much you may be able to borrow. And we provide you with fixed rate and adjustable home mortgage loan options to choose from.

Better still, you'll enjoy competitive rates, which can save you money.

Get your home financing to a better state right now.

Submit a Mortgage Inquiry

Have a question, need a prequalification or ready to apply?

Or call us at 888-556-3498.

Fixed Rate Mortgage

  • May be best for those who plan to own the home for more than five years
  • Security of same monthly payment (principal and interest) for the life of the loan
  • Affordable down payments to fit most budgets
  • No prepayment penalties

Adjustable Rate Mortgage (ARM)

  • May be best for those who plan on moving in 5-7 years or less
  • Typically has lower initial monthly payments and interest rates
  • Rates are fixed period of time, (depending on the initial introductory period of the loan), after which they may adjust annually
  • No prepayment penalties

High Balance and Jumbo Mortgages

  • Available for properties generally in excess of $417,000
  • Can be either a fixed-rate or adjustable-rate home mortgage

Have questions, or ready to apply for a State Farm Bank mortgage? Please fill out the inquiry form. There is no obligation.

Submitted an Application?

Check the status of your mortgage application online.

Get started

Get the 411 on Buying and Selling

Explore the State Farm®learning center to find articles and tips about home buying and selling.

State Farm Bank, F.S.B., Bloomington, Illinois ("Bank"), is a Member FDIC and Equal Housing Lender. NMLS ID 139716. The other products offered by affiliate companies of State Farm Bank are not FDIC insured, not a State Farm Bank obligation or guaranteed by State Farm Bank, and may be subject to investment risk, including possible loss of principal invested. The Bank encourages any interested individual(s) to submit an application for any product(s) offered by the Bank. We also encourage you to obtain information regarding the Bank's underwriting standards for each type of credit or service offered by visiting statefarm.com or by contacting the Bank at 877-SF4-BANK (877-734-2265). Callers who are hearing or speech impaired should dial 711 or use a preferred Telecommunications Relay Service. To apply for a Bank product, you may also see your participating State Farm agent.

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