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Centinel Bank employees at the Home Expo in Taos.

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Real Estate Loans

Centinel Bank of Taos is a hometown, family owned bank established in Taos over 40 years ago.  You can count on fast decisions, made by local people who will be glad to shake your hand and share the good news. We offer a variety of different loan programs to meet your unique needs, and you can schedule a personal consultation with one of our expert Loan Officers today at (575)758-6700.

Learn about our:

Land Loans

Have you found the perfect location but just not ready to build?  Are you looking for that beautiful piece of Taos to have all to yourself?   With a Centinel Bank of Taos land acquisition loan, you can purchase the land and have time to design your dream home. When you are ready to build, we will evaluate financing options to best meet your construction needs. Please feel free to call or drop by the bank today.

Unimproved land
  • Competitive Interest rates
  • Finance up to 65% of the purchase price or appraised value, whichever is less
  • 20 year amortization available on land purchases
Improved land-collateral has improvements including, but not limited to, electricity to site and water (such as a developed well or public utility)
  • Competitive Interest rates
  • Finance up to 75% of the purchase price or appraised value, whichever is less
  • 20 year amortization available on land purchases

Construction Loans

Centinel Bank specializes in helping customers build their dream home.  We are dedicated to Taos County; therefore have strong knowledge of the local real estate market.   Centinel Bank of Taos offers flexible payment terms to match your specific project and finances projects of all sizes.   We support conventional and traditional building as well as green or alternative building methods.  Upon completion of your home, Centinel Bank will evaluate long term financing options to best fit your needs.

  • Interest only payments for up to a 12 month term
  • Competitive Interest Rates
  • Finance up to 80% of the construction costs or appraised value, whichever is less

Mortgage Loans

We offer a variety of terms and rates enabling us to design a mortgage for your specific needs.  We will take the time to learn how we can best help you purchase your home, investment home, or seasonal getaway.

  • Purchase
  • Refinance
  • Competitive Interest Rates
  • Fixed Rate Mortgages
  • 30 year amortization available for home purchases or refinances

Home Equity Loans

Put the equity in your home to use for you as a powerful financing option for home improvements, major purchases, education funding, weddings. 

Consider these options:

  • Attractive interest rates.   
  • Flexible payment plans
  • Minimal closing costs
  • Tax deductions may apply (consult your tax advisor)

Other Mortgage Options

Bridge Loans:

Centinel Bank offers interim financing that “bridges the gap” until a permanent loan is put in place.  We can create a loan structure with terms that will meet the needs of your unique situation. Please Contact us for more information regarding Bridge Loans.

Home Improvement Loans:

Are you looking to make improvements to your home, or reduce your carbon footprint by adding sustainable building materials?   At Centinel Bank of Taos, you can make repairs or improvements to your home with a loan structured to meet your individual needs.  Please Contact us today for more information regarding Home Improvement Loans.

Unique Loans for Unique Circumstances

As Taos County’s only locally-owned Community Bank, we are always looking for ways to help you figure out your unique situation, especially when it comes to helping people get into a home. Let us know how we can help you realize your dreams. Contact us for more information.

Let’s Get Started

We would love the opportunity to meet with you and discuss your unique situation.  Please contact us to schedule some time to meet with a loan officer.  At the time of your appointment, please bring a completed and signed Residential Loan Application in order to expedite the loan review process.

We look forward to meeting with you and discussing your loan request.

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