RESIDENTIAL MORTAGE

This type of loan can be used for a primary or secondary home purchase. 

• Adjustable rate mortgages (ARM)
• 30 years terms with 1,3 or 5 year interest rate lock in
• Auto deduct option

RESIDENTIAL CONSTRUCTION LOANS

This type of loan can be used to construct a primary or secondary home. 

• Construction terms 6-12 months interest only payments
• Can convert into an adjustable mortgage or fixed rate in secondary market
• A draw schedule will be established for disbursement of the funds
• Residential lot loans also available
• 80% of Appraised value “As completed”

HOME EQUITY LINE OF CREDIT

This type of loan is a form of revolving credit in which your primary residence serves as collateral. 

• Can be used for home improvements, education or debt consolidation
• Will finance 80% of the homes appraised value minus any existing mortgage

HOME EQUITY LOAN

This type of product is for a fixed period of time, and is secured by primary residence. 

• Fixed rates
• Fixed terms
• Payment is applied to principal and interest
• Will finance 80% of the homes appraised value minus any existing mortgage
• Auto deduct option

SECURED INSTALLMENT LOANS

This type of loan uses the purchase as the collateral for the loan. 

• New and Used Recreational Vehicles and Boats
• New and Used Mobile Homes
• Loans secured by Certificate of Deposit and Marketable Securities
• Interest is fixed over the term of the loan
• Auto deduct option

PERSONAL UNSECURED LOANS ABOVE $15,000.00

• Requires outstanding credit and repayment ability
• Fixed rate terms up to 36 months