Tioga State Bank - Candor, NY

Tioga State Bank
73 Main Street, PO Box 125
Candor, NY 13743-1504
Telephone Number: (607) 659-5125
Fax Number: (607) 659-4460

Tioga State Bank is a locally owned, independent community bank with offices located in Binghamton, Candor, Endwell, Newfield, Owego, Spencer, Van Etten, Vestal, and Waverly, NY. Tioga State Bank has been operating since 1864 and is proud of its tradition of providing community banking at its best.

Tioga State Insurance Agency is an affiliate of Tioga State Bank and offers various insurance products.

Tioga State Bank and its affiliate are committed to providing a wide range of high-quality products, personal service, and fast, local decision making.

Our Mission Statement
Tioga State Bank's mission is to be a successful, customer-focused, service and sales organization.

Mortgage Loans
Buying or building a home is one of the most important decisions you will ever make. Tioga State Bank is here to help you every step of the way. Whether you are a first time home buyer, upgrading or downsizing your home, or building a new home, Tioga State Bank is ready to help you with a fixed-rate or variable-rate mortgage, first time home buyer mortgage, construction mortgage or special interest mortgage to suit your individual needs. Private Mortgage Insurance (PMI) is required on loans for purchases and refinances when there is a downpayment of less than 20% or equity in the existing house to be refinanced of less than 20%.

Fixed-Rate Mortgages

Fixed-rate mortgages are preferred for people who want to budget a fixed payment each month for the term of the loan. There are a wide range of fixed rate financing options available to you. Tioga State Bank offers programs available to assist you in purchasing your home.

Adjustable-Rate Mortgages

Adjustable-Rate Mortgages are popular for people who expect rapidly rising income or short term ownership. Tioga State Bank offers programs that include a 1 year Adjustable Rate Mortgage (ARM) and a 5/1 ARM where your initial rate is fixed for five years.

First Time Home Buyer Mortgages

Tioga State Bank offers mortgage financing to anyone purchasing a home who has not owned a home within the past three years. TSB will help you from start to finish purchasing your first home.

Construction Mortgages

Tioga State Bank is very unique in the construction market. We have one closing for our construction mortgages which will save you closing costs. In some instances, we will allow you to be your own general contractor. And rest assured, we can help you through the whole process from beginning to end, be it from the ground up or completion of an in process construction project. Construction mortgages are available for stick-built, modular, pre-fabricated homes, log homes and manufactured homes with fixed rates. Jumbo Construction Mortgages are also available through Tioga State Bank.

Jumbo Mortgages

Jumbo Mortgages are designed for one-four family owner occupied real estate borrowers who are looking to borrow $400,500 to $750,000.

Tioga State Bank offers unmatched flexibility with special interest financing.

Raw land - TSB will finance raw land.
Excess acreage - There is no limit to the amount of land that can be included in the appraisal value.

Manufactured housing - TSB offers financing for manufactured housing, existing or newly assembled (set up), including investment manufactured housing units.

Other optional financing - Financing for second homes and one-four family investment properties available.

Â© 2005 Tioga State Bank