PERSONAL LOANS
A loan that can be tailored to fit each individual’s needs
Benefits & Features :
- $10.00 minimum interest charge
- Interest determined by terms and collateral
- Optional payment plans
STUDENT LOANS
A loan designed for college students repayable upon graduation.
Offered are SLS, Stafford , and Plus.
Benefits & Features:
- Low interest rates
- Attend school and repay after graduation
- No fee for applications
MORTGAGE LOANS
Permanent financing for loans secured by Real Estate
Benefits & Features :
- Loan limit of 80% of appraised value of land and home, generally
- Up to 15 year maturity with renewal every three (3) years
CONSTRUCTION LOANS
A loan for construction costs to an approved home builder or for
individuals building a home. Permanent financing is agreed upon
before construction begins.
Benefits & Features :
- Preapproval of long term financing required
- Loan limit of 90% of the permanent commitment, generally
- Usually 6 month term
- Must have a contract with a reputable builder
BUSINESS LOANS
A loan tailored to meet the needs of individual businesses
Benefits & Features :
- $10.00 minimum interest charge
- Interest determined by terms and collateral
- Optional payment plans
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