Loans

Mortgage Center

A home is one of the largest purchases you’ll make, and you have enough worries without loan hassles by some giant, impersonal institution. The Peoples Bank is local, and we may have even handled a mortgage for one of your neighbors. We know and live in this community, and we’ll give you personal attention and present options that can make your home-buying experience special and exciting.

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Home Equity Line of Credit (HELOC)

If you need cash to make a purchase, pay a debt, or for any other reason, The Peoples Bank can help you use your home’s value for a loan. You need money, not a big production from some big bank. We’ll keep it private and low-key, and you’ll only pay interest on the amount you spend. We’ll make it simple.

  • Pay interest on what you use, not a larger lump sum
  • Interest may be tax deductible*
  • Funds available for any purpose
  • Re-access as needed without re-applying
  • Local service that’s personal and trustworthy

*Consult a tax advisor.

Personal Loan

When it comes to life’s big expenses, The Peoples Bank has you covered with personal loans. From unexpected costs like funerals or medical bills to exciting events like weddings and vacations, learn how we can help with all your personal loan needs.

  • Speedy approval process
  • No prepayment penalties
  • Flexible terms
  • Local and reliable personal service
  • Boat and RV loans also available!

*Consult a tax advisor.

Construction-to-Permanent Loan

Need cash to build your dream home, or to make construction improvements? The Peoples Bank makes construction loan decisions in Anderson and surrounding communities, so you can get to work quickly. Borrow local, build local! Draw money as you need it, and only pay interest on what you use.

  • One-time closing, so you can get started quickly
  • Up to 85% Loan-to Value
  • Draw funds stage-by-stage to cover construction costs as needed
  • Pay interest only on funds used—starting at first draw
  • Professional, personal service