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Frequently Asked Questions

Frequently Asked Questions

Frequently Asked Questions

The APR takes into account not only the interest rate, but also the points, broker fees and certain other fees that you have to pay as part of the closing. The APR can be used to compare rates and costs between lenders to determine the most favorable loan program.

No. GNBank will service the home loans we originate in the communities we serve. You can be assured that after the loan closes, you will continue to work with the same professionals throughout the life of your home loan.


  • We prefer that you make your payments through our automated payment system - this allows us to automatically debit your checking or savings account.
  • You can mail your payments to the GNBank Mortgage Division, PO Box 67, Girard, Ks 66743.
  • You can set up a one-time or recurring ACH payments by calling the Mortgage Loan Servicing department at 620.724.7064.

Knowing that the house is yours brings you satisfaction in itself. You can enjoy the savings that can come when you deduct your property taxes and mortgage loan interest on your federal income taxes and in most cases your state income taxes too. Because interest will make up a large portion of your monthly mortgage, for many years you will easily see how home ownership can save you on your taxes. With every payment, you build more equity in your house. This equity is like a savings account which you can cash in when you sell your home or use it to borrow against.