Find Your Mortgage Loan Options
There are several benefits to working with a local mortgage lender like Peoples Bank. Our lenders have local knowledge, we work with local real estate agents, and our decisions are made in-house. That means we are here to answer your questions and service your loan from pre-approval through closing. If you’re ready to discuss your home loan options with our team, stop into Peoples Bank’s offices in Altenburg or Jackson.
Our Home Loan Offerings at Peoples Bank
Fixed-Rate Mortgage
Fixed-rate mortgages offer consistency for homeowners who intend on staying in their home for a long time. You’ll pay the same rate throughout the entire term, allowing you to budget for a consistent payment.
Home Equity Loan
Gain financial flexibility using a home equity loan. This lump sum loan uses your home’s built-up equity and offers a fixed rate and can be used for a variety of purposes.
Home Equity Line of Credit (HELOC)
This is a revolving line of credit that allows you to use your home’s equity. Draw on the line of credit as you need it. After you repay what you borrow, it is available again for future borrowing.
Construction Loans
Build your home exactly the way you want with the financing you need. This closed-ended line of credit offers interest-only payments and can finance up to 80% of your home’s construction.
Land / Lot Loans
If you know where you want to build your future home, a land or lot loan can allow you to purchase the land so it’s ready whenever you decide to break ground.