Rural Housing Program (Purchase and Refinance)

  • Gives qualifying borrowers the ability to purchase a home with zero downpayment.
  • 30 year fixed rate loan
  • maximum 29% Housing Ratio and 41% Total Debt Ratios;
  • escrows are required; income and property location restrictions.
  • Servicing Released

The Rural Housing Refinance program is available for borrowers who currently have an RD loan and are looking to lower the interest rate by at least 1 percent.  

 Federal VA Program

  • Offers Veterans a 30 Year fixed rate a purchase of a home through the US Dept of Veterans Affairs.
  • 1-4 unit family homes – borrower must occupy 1 unit. 
  • No Mortgage Insurance required; escrows required.
  • Community Bank must be approved with the US Dept of Veterans Affairs.  
  • Community Bank is responsible for processing and closing document preparation. 
  • Bankers’ Bank will provide initial and final underwriting.   Servicing released


Agency Programs. 10, 15, 20, 30 year fixed rates. 30, 45 & 60 day lock period.

Best Effort and Mandatory Delivery available.  Servicing retained by Bankers' Bank.  


Private Programs.  15, 20, 30 years fixed rates. 15, 30, 45 & 60 day lock periods.

Best Efforts and Mandatory Delivery available.   Servicing released.


Manufactured Homes. 15, 20, or 30 year fixed rate terms only – Agency Program only

Multi-width; owner occupied; Classified as real property built after 6/15/76. Must have HUD data plate.


Jumbo loans. Loan amount exceeds the FNMA max allowable loan amount. 15 or 30-year fixed terms. Purchase and Rate Term refinances.  Loan will be underwritten and serviced by private investor.


ARM.  3/1 ARM, 5/1 ARM and 7/1 ARM. Each program has specific program requirements for Margin, Caps, and LTV. Disclosures available on BB website. Serviced released.


WHEDA Program-Wisconsin only

  • 30 year loan with 41% Total Debt Ratios;
  • programs with and without mortgage insurance requirement;
  • escrows are required. Income and Purchase limits apply.
  • Qualifying borrowers can also obtain WHEDA Easy Close Second mortgage
  • Serviced by WHEDA.


Approved Property Types

1-4 unit Owner Occupied and Investment properties                                     

Single Family, Second Home, Manufactured, Condominium, Planned Unit Developments (PUDs)

Contact Information
Office: (608) 829-5730
Toll Free: (800) 850-5730
Fax: (608) 829-5732
Email: Send Email
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