Consumer Loans
Home Equity - Loans and Lines of Credit
Home Equity Loans - A home equity loan is secured by the borrower(s) residence. Home equity loans are available for up to $50,000. The full amount of loan proceeds is advanced at loan closing, and there is a fixed rate and repayment term.
Home Equity Credit Lines - A home equity credit line is a loan secured by the borrower(s) residence. Home equity credit lines are revolving, and can be established with the ability to advance at any time during the revolving term. Advances from the Home Equity Credit Line can be made by a check, by telephone or in person. Home equity credit lines are variable rate loans. The customer is billed monthly.
For all products and services, please speak with an Arrowhead Community Bank team member for more information including disclosures of fees, terms, and restrictions.
Auto Loans - New and Used
New Auto Loans - Vehicles purchased from a dealership that have never been titled are classified as new automobiles. New auto loans are available up to $50,000. Payments are calculated on the simple interest method and are fixed for the duration of the loan.
Used Auto Loans - Vehicles that have been previously titled are considered used automobiles. Used auto loans are available up to $50,000, based on wholesale Kelley Blue Book value of the automobile or purchase price. Payments are calculated on the simple interest method and are fixed for the duration of the loan.
Recreational Vehicles and Boats - New and Used
New Recreational Vehicles and Boats - Recreational Vehicles and boats purchased from a dealer that have never been titled are classified as new. New RV and boat loans are available for up to $50,000. Payments are calculated on the simple interest method and are fixed for the duration of the loan.
Used Recreational Vehicles and Boats - Recreational Vehicles and Boats that have been previously titled are considered used. Used RV and boat loans are available for up to $50,000. Monthly payments are calculated on the simple interest method and are fixed for the duration of the loan.
Unsecured
Unsecured personal loans are available for up to $25,000. Generally, unsecured loans have a higher interest rate than loans that are secured.
