Loans for Individuals & Families
Your HomeTown Bankers have a commitment to the community we serve. We are your friends, your neighbors, your partners in the development and prosperity of our HomeTown. You can depend on us to do what's right for you and the community, and to do everything we can to support worthwhile and progressive projects.
Also, because we're locally owned, we make decisions right here in town. There's no need to wait for approval from some far-off manager in a distant state who doesn't have a clue about local needs and conditions.
Browse our many lending options here, then call or stop by the HomeTown Bank near you. You'll be impressed by the HomeTown Advantage!
Whether you need money for the home or a new car, your HomeTown Banker can help.
Browse the list below, and click on a selection for additional information.
Interest rates and down payments are competitive on our long-term home purchase mortgage loans, and you may enjoy closing cost and appraisal fee advantages. We can usually provide financing and get you into your new home much quicker than typical mortgage companies.
Loan purposes can include a swimming pool, additional rooms, kitchen remodeling, and many other improvements around the house. Typically, repayment of the loan is arranged over an extended period of years. Arrangements are flexible to match the borrower's need.
Home Equity Loan
If your home is valued at $100,000 and you owe $20,000 of the present mortgage principal, the following formula will help you to determine how much of a home equity loan could be available. You take the value of your home, $100,000 x 80%. The result is $80,000. From this you subtract the principal balance of your first mortgage. $80,000 - $20,000 = $60,000. This would be the amount available for a home equity loan if there are no other liens outstanding. The loan proceeds can be used for any purpose. Establishing the loan does not affect the Texas Homestead Exemption tax benefits. As a home mortgage, the interest paid may be tax-deductible.
Auto, Truck, Boat Loans
New vehicles or boats can generally be financed for up to 60 months. Used vehicles or boats can also be financed.
We make personal loans for education, debt consolidation, vacation and other purposes that make good sense to you and your family. Like all our loan decisions, they are locally made for local reasons.
Loans for Businesses & Organizations
Loan decisions are made locally by people who share your interests. We have a substantial commitment to commercial loan goals and will be as creative as prudent fiscal policy will allow when considering financing requests.