When it becomes necessary to borrow money for yourself, it can present a challenging mission. Our team of Greenwoods State Bank (GSB) lenders understand your concerns and needs. At each office location you will find knowledgeable, experienced and cooperative loan officers that will work with you to get through times that may be stressful.
Current rates haven’t been this low in years, so it could be the perfect opportunity to think about a new car or truck. Perhaps your family needs have changed and it’s time for making much-needed repairs on your current home or a response to one of life’s difficulties.
Whatever the purpose, it’s important to know that the GSB lenders you’ll be dealing with are friendly and able to find solutions to your questions.
Conventional Fixed Rate Loans
The interest rate on a GSB fixed rate loan remains constant for the life of the loan. You have security in knowing the principal and interest portion of your monthly payment will not change. A fixed rate loan avoids the risk of rising interest rates.
Low Down Payment Options
Greenwoods State Bank professional lenders will guide you through the process and help you determine which down payment option best suits your needs and goals.
Building a new home or renovating your existing home is a big commitment requiring time and money. Fortunately, GSB offers great solutions for construction loans that can help you save both. Talk to one of our experienced loan originators to learn more about effective programs that can fulfill your dreams.
Home Equity Lines of Credit
A GSB home equity loan is a type of loan in which you use the equity in your home as collateral. A maximum amount is established by the bank according to best lending practices within an agreed period or term. This option allows you to pay interest only on the portion of credit line that is actually used.