During ICBA National Community Bank Mortgage Week, November 5-9, 2007, participating community banks will hold special events where current homeowners and prospective homebuyers can discuss mortgage financing options, including:
- mortgages with terms they don't understand
- ARM refinancing options; or
- home purchases in the current market
Participate in ICBA National Community Bank Mortgage Week
Participating banks are encouraged to develop a mortgage event that fits their location, community and resources. You may promote it to existing customers or reach out via the media to open your doors for an open house to take place on one afternoon or throughout the week. Expect visitors to bring their existing loan documents for a no-obligation consultation on what the terms of their loan mean, and what options are available to refinance, pay it, etc. This is an opportunity for community banks to promote all of their products and services, not just mortgage loans.
ICBA "Community Banks Common Sense Lenders" Campaign
There is no mortgage lending crisis for community banks. That's because community banks are well run, highly capitalized and tightly regulated. Community banks are, and always have been, common sense lenders focused on doing what is best for their customers and their communities.
Find ICBA-created materials that community banks can download and send to their local media.