Lending at DeMotte State Bank

DeMotte State Bank has been engaged in local communities since 1917, which allows us to offer the combined knowledge and experience of over 100 years. We have a diverse lending portfolio including: agriculture, auto, commercial, home equity, mortgage, personal, and small business. At each of our full-service locations, we are proud to have talented lenders who are invested in their communities, always working to build relationships, and consistently keeping your best interests in mind. We look forward to the opportunity to meet your lending needs as you build a future.

Our Lending Leaders

We are committed to finding tailored solutions for your lending needs.

Jennifer Hammons
Loan Officer
NMLS #441780
Steve Myers
Loan Officer
NMLS# 441784
Carla Musial
SVP/Knox Banking
Center Manager
NMLS# 441783
Bonnie Oxley
SVP/Lowell Banking
Center Manager
NMLS# 441779
Rich Brewer
VP/Hebron Banking
Center Manager
NMLS# 1446903
Karine DeKock
Loan Officer
NMLS# 441776
Anne-Cecile Egan
Banking Center
Josh Holloway
Loan Officer
Morocco Banking
Center Manager
NMLS# 1459473
Rachel Kiszenia
Loan Officer
NMLS# 1578682
Jeff Sawaska
VP/Cedar Lake
Banking Center Manager
NMLS# 441787
Luke Dexter
AVP/Loan Officer
NMLS# 2092019
Kyle Jeffries
Loan Officer
NMLS# 1944572

Streamline the Process

It never hurts to be prepared. Here is a short list of what you will need to get your loan started with us:

  • Two most recent year’s tax returns, including W-2’s
  • Current Pay Stubs covering a 1-month period
  • Two consecutive bank statements and asset accounts
  • Survey or legal description of pledged collateral
  • Completed application with signatures and date
  • Completed Credit Authorization form with signatures and date
  • Home Owners insurance information
  • Driver’s License and/or Social Security Card

Meet Your Lending Needs

We offer a variety of different types of loans to ensure you attain the perfect lending solution.



  • Competitive operating and equipment loans
  • Purchase or re-finance land
  • Assist new & start-up farms and farmers through USDA programs

Small Business / Commercial

  • SBA 7(a) & 504 programs available
  • Experienced team of commercial relationship lenders
  • Comprehensive range of loan products
  • Flexible and convenient loan terms
  • Specialty operating lines of credit


Construction Loans

  • Offers interest only monthly payments during construction
  • Easy transition from construction loan to permanent financing upon home completion

Conventional Loans

  • Perfect for the typical home buyer
  • A variety of loan terms and interest rates to fit your needs


  • Primary residence purchase with low down payments and favorable interest rates upon qualification
  • Insured through the federal government which may allow easier qualification than conventional home loans

Home Ready Mortgage

  • Affordable lending options for moderate to low income qualified buyers
  • Low down payment
  • Homeownership course (required) offering tips and insight on sustainable home ownership

Jumbo Loans

  • Offers first class home loan financing in excess of $647,200.00.
  • Competitive rates and terms for qualified buyers
  • Rewards buyers with good credit, stable income and employment, and verified income and assets

Land & Lot Loans

  • Land and lot financing available in Northwest Indiana upon qualification
  • Flexible amortization terms
  • Easy transition into a DSB Construction Loan

RuraLiving Home Mortgage

  • Opportunity to enjoy country living, with large acreage lots and outbuildings for qualified buyers
  • Long term financing and fixed rate interest available
  • Suitable for a hobby farmer

USDA/Guaranteed Rural Housing

  • Purchase a home with no / low down payment for qualified buyers.
  • Must be within certain program specified income limits based on county income averages.
  • Purchase location must be deemed rural by USDA guidelines.

VA Loans

  • Opportunities for qualified military veterans to purchase a home with no / low down payment
  • Opportunities for qualified military veterans to refinance debt based on VA guidelines
  • Low fixed interest rates with a variety of terms available


Know before you go! If you're applying for a loan, we want it to be a seamless process. Please use the following resources to smoothly transition into your next life chapter!

Enjoy Our Competitive 7.50% Auto Rate*

*7.50% Fixed Annual Percentage Rate with auto debit from a DSB account. Available offer for vehicles 2019 and newer. The preferred rates and terms are available to well-qualified applicants. Your actual APR may be higher than the lowest available rate and will be based upon multiple factors such as credit qualifications, repayment term, model year, or an automated payment from a DSB checking account. Contact your local lender for details. Rates and terms subject to change at anytime. Equal Housing Lender.

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