Temp Suspension of NEW Mortgage Applications

UPDATE: April 23, 2020

Due to a massive surge in volumes, Osgood State Bank has temporarily suspended accepting new mortgage applications for purchases or refinancing.

We are taking this step to ensure that we can adequately service our existing customers AND those applications currently in process.  We are living through a very unique time in history as interest rates have fallen faster than ever before.  Consequently, this has increased mortgage applications to unprecedented levels for the entire banking history.  Simply put, we do not want to sacrifice:

  • Your customer experience or;
  • Our compliance standards by accepting more applications than we currently have capacity to process.

We will start accepting applications again once our volumes return to a level that will not compromise our commitment to speed or service.

Our website will be updated accordingly once we start accepting NEW applications. 

Thank you for your patience and understanding as we all work together through this challenging time.