Loans

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The Bank of Fayette County offers loans for almost every imaginable purpose. We understand that our customers’ interests, lifestyles and needs are very different. Our Lending Professionals are trained to assist you with your financial needs.

Personal Loans - two story houseWe offer the following types of Personal Loans:

Additional Information:

Installment Loans

A loan for personal or family purposes. This loan is available on a secured or unsecured basis at either a fixed or variable rate of interest. The length of the repayment depends of the purpose or amount of the loan. Payments are made in monthly installment (you choose a convenient monthly due date). Credit life/accident and health insurance are available. Payments may be made either by mail, in person or deducted from a Bank of Fayette County account.

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Automobile and Recreational Vehicles

Financing is available for the purchase of a new or used vehicle.

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Home Equity Lines of Credit

Use the equity in your primary residence to fund your needs.

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Fixed Rate Mortgages

This loan is a Conventional long-term, fixed rate mortgage. We offer up to 30-year terms. The interest rate remains constant of the mortgage. The monthly principal and interest payment remains constant.

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Adjustable Rate Mortgages

Adjustable Rate Mortgages have an interest rate that adjusts periodically at predetermined intervals. Adjustable rate mortgages are available with a variety of indexes, margins, lifetime caps and adjustment periods. All these factors combined determine your interest rate and payment. The initial interest rate for an adjustable rate mortgage is typically lower than that of a fixed rate mortgage. The Bank of Fayette County offers a wide variety of adjustable rate mortgages from which to choose.

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Construction Loans

The Bank of Fayette County specializes in custom construction lending. Bring in your plans and your builder, and we will assist you with making your custom home dreams become a reality.  Our Loan Officers are committed to participating in each part of the construction process. Our inspection process helps control the disbursement of loan proceeds.

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Construction Financing Phase

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Permanent Financing Phase

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The Community Reinvestment Act, Equal Credit and Fair Housing

The Board of Directors and management of The Bank of Fayette County are committed to compliance with the Community Reinvestment Act (CRA) and will take the necessary actions to insure that The Bank continues to provide convenience and service to the communities in which it is chartered to do business.

The Bank of Fayette County will not tolerate illegal discrimination by any of our officers, employees or agents against any current or potential credit customer.

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NATIONWIDE MORTGAGE LICENSING SYSTEM & REGISTRY (NMLS)

Our Mortgage Loan Officers are registered with the National Mortgage Licensing System and Registry (NMLS). Consumers may search for individual mortgage professionals working for federally insured depository institutions at: http://www.nmlsconsumeraccess.org/.

Our registered Mortgage Loan Officers are:

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