Home Loans


Convenient loan options

Home Loans

Mortgage Lending options for every need.

Since 1902, Marathon Bank has been helping families achieve their home ownership dreams. Whether you’re a first-time buyer, looking to build, refinance, or consolidate debt, our local mortgage experts have the right solutions for you.

Experience, Options, & Personalized Service:

  • Competitive rates & flexible terms for purchase, construction, & refinance.
  • Expert guidance at every step, from pre-qualification to closing.
  • Personalized service built on trust & understanding your needs.
  • Come home to Marathon Bank. Contact us today to start your home ownership journey!
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Home Loan Products

Adjustable Rate Mortgage (ARM)

Looking for an option that may provide lower rates than fixed rate mortgages and terms that fit your home ownership plan more closely, consider an adjustable rate mortgage (“ARM”). Terms are typically 5 and 7 years before they begin adjusting every year. This option is perfect for homeowners not looking to stay in their home for a prolonged period of time or those that want more payment flexibility. Contact us today to learn more about our various options for ARMs and other mortgage products.


  • Various terms designed to work with your budget
  • Escrow accounts to help pay property taxes and homeowner’s insurance
  • Serviced locally – we are always available to help with any questions or issues that arise

Fixed Rate Mortgage

If you prefer the stability and certainty of a fixed mortgage rate, we offer a variety of loans with short-term and long-term options, low down payment programs, and other features that make homebuying more achievable and affordable. For homeowners who plan on staying in their homes for a longer period and want the security of “locking in” an interest rate for the duration of the loan, a fixed-rate mortgage could be the right choice for you.


  • Various terms available including 15 and 30 years fixed rate options
  • Escrow accounts to help pay property taxes and homeowner’s insurance
  • Serviced locally – we are always available to help with any questions or issues that arise

Construction Loan

Let the professionals at Marathon Bank build a construction loan program that is just right for you. We can alleviate a lot of stress by providing you with quick, helpful answers to all of your construction loan questions.


  • Marathon Bank may lend up to 80%, if qualified, of the appraised value of the construction project, including the purchase of the lot
  • Once construction is complete, refinance into a fixed or adjustable rate mortgage

Refinance Your Existing Loan

Use the current value of your home to refinance at a better rate, plan a home improvement project or consolidate your debt.


  • Rate or term refinances allow you to lower your current rate, payment or term to fit your financial situation
  • Cash out refinancing allows you to increase your current mortgage to access funds for anything including home improvements, debt consolidation and major purchases without adding a separate payment to your budget

Fixed Home Equity Loan

A fixed home equity loan allows you to take out a set amount of money at one time. The loan is paid back with set payments over a specified term so that you know exactly how long it will take to repay the loan.


  • Flexible terms, customized to your unique situation
  • Interest paid may be tax deductible*
  • Prompt, local decision-making and processing

*Consult a tax advisor

Home Equity Line of Credit

Often referred to as HELOCs, this type of loan allows maximum borrowing benefits and payment flexibility.  Enjoy access to your line of credit at any time and only pay interest on the money that is used.  As you pay back funds borrowed, you are able to access them again in the future without having to re-apply for a new loan.


  • Owner-occupied only properties
  • Interest-only payments
  • Access your money 24/7 with online transfers
  • Interest paid may be tax deductible*
  • Prompt, local decision making and processing

*Consult a tax advisor

NMLS Registry

The NMLS Consumer Access is a free service for consumers to confirm that the mortgage company or mortgage professional with whom they wish to conduct business is authorized to conduct mortgage business in their state. The unique identifier also allows consumers and the industry to easily track specific originators’ histories and qualifications through NMLS Consumer Access. www.nmlsconsumeraccess.org.
NMLS ID – Name
517043 – Marathon Bank
489442 – Michelle Knopf
1794131 – London Wandler