CREDIT SERVICES (LOANS)
Installment and Consumer LoansHere at Citizens Deposit Bank, we offer a variety of consumer loans that can be used to purchase new or used autos, ATVs, motorcycles, RVs, boats, and even household goods such as a new computer or furniture. We will also finance your upcoming home improvement project or payoff a high rate credit card. You'll enjoy the security of a fixed, competitive interest rate as well as the following additional benefits:
- AFT Advantage
Receive a 0.50% interest rate discount when payments are automatically deducted from a Citizens Deposit Bank checking or savings account - Extended First Payment
If requested, you may wait up to 45 days before your first payment is due - No Prepayment Penalty
You may pay additional principal reductions at any time and/or payoff your loan early, without penalties - Easy Repayment Terms
A variety of terms are offered that will fit your budget
Whether you are purchasing a home or refinancing to consolidate debt, Citizens Deposit Bank has a mortgage loan program that will suit your needs and your budget. We offer a variety of conventional Adjustable Rate Mortgage (ARM) products as well as the following secondary mortgage market loans with available financing up to 102% of the appraised value.
- Fixed Rate Mortgages
Conventional mortgages with low fixed rates and attractive repayment terms - Specialty Programs
FHA, VA, Rural Development Mortgages (up to 102% of the appraised value), Home Possible, and Second Mortgages
Residential Construction Loans
Whether you are purchasing a home or refinancing to consolidate debt,
Citizens Deposit Bank has a mortgage loan program that will suit your
needs and your budget. We offer a variety of conventional Adjustable
Rate Mortgage (ARM) products as well as the following secondary mortgage
market loans with available financing up to 102% of the appraised value.
- Fixed Rate Mortgages
Conventional mortgages with low fixed rates and attractive
repayment terms - Specialty Programs
FHA, VA, Rural Development Mortgages (up to 102% of the
appraised value), Home Possible and Second Mortgages.
Put the equity in your home to use! A Home Equity Line of Credit (HELOC) is perfect for home improvement projects, consolidating bills, paying off high rate credit cards, purchasing household goods, college tuition expenses and almost anything you need or want. Also, you can use your HELOC over and over throughout the term. Here are some additional benefits:
- No Fees
No application or closing fees - Low Monthly Payment
Repayment terms are based upon 2% of the outstanding balance or interest only (for qualified applicants) - Potential Tax Savings
Consult your tax advisor regarding the deductibility of interest paid
