Personal or Business, Freedom Bank is here to help our local communities keep growing by lending in the area where our customers live and work. We understand the struggles of financial times and want to be there to help. Check out the loan products we offer below.
From purchasing a much-needed washer and dryer to replacing that worn out vehicle or getting into the home of your dreams, let us help make all your wishes come true.
Cars
Motorcycles, Campers, ATV & Jet Ski
Boats
Motor Homes
Mobile Home Purchase
| COLLATERAL | YEAR | DURATION | New Auto/Previous Year (less than 10,000 miles) - | no | 36 Months - 75 Months | 36 Months - 75 Months | 2022 | 66 Months | no | 2021 | 60 Months | no | 2020 | 54 Months | no | 2018-2019 | 48 Months | no | 2013-2017 | 36 Months | New Recreational: Motorcycles, Campers, ATV & Jet Ski | no | 60 Months | Used Recreational: Motorcycles, Campers, ATV & Jet Ski | 2022 and older | 36 Months | New Boat | no | 60 -120 Months | Used Boat | 2022 and older | 60 - 84 Months | Motor Homes: New | no | 10 Years | Motor Homes: Used | 2022 and older | 10 Years | New Mobile Home Purchase (No Deed of Trust) Purchase Mobile Home | no | 10 Years | Used Mobile Home Purchase (No Deed of Trust) Purchase Mobile Home | no | 10 Years |
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Freedom Bank is pleased to offer a variety of loan options both in-house and on the secondary market, to meet the needs of our customers. Contact a Loan Officer at any of our branches to discuss your options and decide what product best suites your needs.
Adjustable Rates-Adjustable Rate Mortgages (ARM) give home buyers lower rates initially and are adjusted on a predetermined schedule. Depending on your plans for the length of time you will live in the house, this may be a good option for you.
Fixed Rates-Conventional Fixed-Rate Mortgages offer home buyers a consistent interest rate and predictable payments over the life of the loan. This will help you to budget your housing cost into your monthly expenses. Freedom Bank offers fixed rate mortgages in terms from 10 to 30 years.
Government Loans
First Time Home Buyer-Freedom Bank offers several options to first time home buyers. We offer an in-house First Time Home Buyer product with a lower down payment or an option with West Virginia Housing Development Fund Loans for first time home buyers, which help low to moderate income borrowers realize the dream of home ownership.
Home Equity Loan-Tapping into the equity in your home can offer you the ability to finance home renovations, consolidate debt, purchase an automobile, or maybe finance that well-deserved vacation.
Home Equity Lines of Credit-Looking for a more flexible way to utilize the equity in your home? Become your own lender when you open a Freedom Bank Home Equity Line of Credit. Simply write a check from your line of credit account for whatever purchases you may need at the time.
Want to be pre-qualified before you start your next venture?
Do you need help figuring out how much you can afford or what you want to spend? Freedom Bank can guide you through this process and get you quickly pre-qualified at no charge to you. Our experienced mortgage originators are ready to show you financing options using our competitive loan rates and fees. Your mortgage originator will help answer questions concerning your loan and navigate the process from application to closing with you.
Unsecured
Farm Equipment
Savings/CD Secured
| COLLATERAL TYPE | DURATION | Unsecured Loans: $1,000 - $2,500 | 12 - 36 Months | New Farm Equipment | 60 Months | Used Farm Equipment - Purchase or Used As Collateral | 36 Months | Freedom Bank Savings/CD Secure Loans | 60 Months |
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