Personal Loans

At The Bank of Fincastle we understand that when you borrow, you need more than money. That is why we give you fast decisions, personal attention and flexible terms to make your loan fit your individual situation. The Bank of Fincastle makes it easy with quick response to your application, automatic payment deduction options, and repayment schedules tailored to fit your budget.

For details about specific loan products, terms, conditions and rates, contact us at 473-2761 or visit any Bank of Fincastle branch office.

 

Secured and Unsecured Installment Loans

Term loans, either secured or unsecured, is most often the option that customers choose when borrowing money for a short period of time. Perfect for small home improvement projects, new and used automobiles, boats/recreational vehicles and even personal loans that give you the money you need when life throws the unexpected your way.

For details about specific loan products, terms, conditions and rates, contact us at 473-2761 or visit any Bank of Fincastle branch office.

Construction Loans

Are you dreaming of building a new house? Let The Bank of Fincastle provide you with the financing you need. We offer construction financing and permanent fixed-rate financing through our affiliate Colonial Mortgage where you will benefit with reduced closing costs. So...whether you are building a three-bedroom ranch or four story contemporary on the lake, our experienced loan officers are prepared to guide you through the building process.

For details about specific loan products, terms, conditions and rates, contact us at 473-2761 or visit any Bank of Fincastle branch office.

 

Home Equity Line of Credit

A Bank of Fincastle Home Equity Line of Credit gives you access to money whenever you need it by simply writing a check. You can use it for a new car, home improvements, educational expenses or even bill consolidation. Also, the interest you pay on a Bank of Fincastle Home Equity Line may be tax deductible*.

Right now The Bank of Fincastle is offering The Bank of Fincastle Home Equity Line of Credit at prime plus 1% with no closing costs.

The current prime rate is published weekly in The Wall Street Journal.

* Rates are based on the Prime Rate published in The Wall Street Journal. APR is equal to 1% over the Prime Rate published in The Wall Street Journal. There are no closing costs. Minimum monthly payment is 1.5%. There is a $100 annual fee if the line is not used. The minimum APR is 7.5%. The maximum APR is 24%. The minimum draw is $100. Property insurance is required. Consult your tax advisor regarding deductibility of interest.

For details about specific loan products, terms, conditions and rates, contact us at 473-2761 or visit any Bank of Fincastle branch office.

 

Home Mortgages

Whether you are purchasing your first home or looking for a larger home to accommodate a growing family The Bank of Fincastle loan officers are available to explain the various types of loans available and the options that will work best for you.

Currently The Bank of Fincastle offers Adjustable Rate Mortgages (ARM). If you don't expect to stay in your home more than a few years, or if you anticipate a future increase in income, The Bank of Fincastle adjustable rate mortgage may be the best choice for you. You will find lower initial monthly payments, easier qualification requirements, lower initial costs and down payments.

Should this program not be in your best interest The Bank of FIncastle will be pleased to refer you to Colonial Mortgage Company where you will find additional financing options.

For details about specific loan products, terms, conditions and rates, contact us 473-2761 or visit any Bank of Fincastle branch office.