Mortgage Lending

The Exchange Bank has a team with over 80 years combined mortgage lending experience to better assist you. Come visit our mortgage lenders in Perry and Stillwater to see how we can help you obtain your dream of home ownership!


Types of Loans Offered


These loans are the most common type of mortgage. They typically require a down payment of as little as five percent or private mortgage insurance. Conventional loans provide a fixed rate or an adjustable for 10-30 years.


Federal Housing Administration. FHA loans are government insured and ideal for first time home buyers. They require a minimum down payment of 3.5% and offer other generous terms.


Veterans Administration loans are government insured and are available to qualified veterans and active members of the United States Military. These loans require no down payment and their many attractive features include 100% financing and lower rates than conventional loans.

Rural Development

If you live in a rural county you may qualify for one of these government guaranteed loans. Rural Development loans offer 102% financing, flexible credit documentation and other favorable features.

Second Mortgage

Amortizing mortgage for up to 90% of the appraised value.

Equity Line of Credit

Create a second mortgage on your home for up to 90% of the appraised value.


Construction line of credit secured by a mortgage on your proposed home for up to 85% of the appraised value.

Section 184 Native American Loans

Section 184 was initiated to help the Native American Indians obtain financing to buy a home. Native American mortgage borrowers that qualify for the section can purchase a house with a low down payment, less interest, no monthly mortgage insurance and flexible underwriting requirements. Borrowers can make use of this mortgage for a variety of purposes such as; Buying an existing or a new house. The program is for all of the tribes and communities. However, to get the advantage of this mortgage, one has to be an American Indian of a federally recognized tribe or one of the five state tribes. In addition, one must also provide a tribal enrollment card or tribal letter.

FHA Title 1 Home Improvement Loans

The Federal Housing Administration makes it easier for consumers to obtain affordable loans to improve properties. The loan terms cannot exceed 20 years and are limited to a maximum of $25,000.00. The program is limited to owner-occupied properties only. Loan proceeds shall be used only to finance property improvements that substantially protect or improve the basic livability or utility of the property.


Let's Get Started

In order to begin evaluating and processing a loan for you, we will need the following informationů

Residential Loan Application

For more information please contact any of our Mortgage Loan Specialists....



Linda Dickerson

Phone: 405.743.6023


NMLS# 741217

Rick Arterberry

Phone: 580.572.8528


                           NMLS# 892430

Robin Dye

Phone: 405.743.6036



Lois Malget

Phone: 405.743.6047


NMLS# 757390


Nicole Prince

Phone: 405.743.6038




Jeannie Layes

Phone: 405.743.6037


NMLS# 1574121


Haley Annuschat

Phone: 405.743.6045


NMLS# 925207






4626 W. 6th

Stillwater, OK 74074


Phone: 405.742.0202

Fax: 405.742.0101


Monday thru Friday

8:00am to 5:00pm


By Appointment



523 Delaware

Perry, OK 73077


Phone: 580.336.5531

Fax: 580.336.3297


Monday- Wednesday & Friday