Installment Loans require repayment of a set amount according to a set schedule. Normally, you must pledge some sort of collateral as security for the loan. A car loan, for example, uses the vehicle for security. To calculate monthly payment amounts for various loan sizes, go to financial tools. Contact us for your Personal Loan Application.
Home Improvement Loans are similar to installment loans but are normally secured by your equity in your home. Funds are borrowed all at one time and paid back over a set period of time. The interest on these loans is often tax deductible (consult your tax advisor).
**Not intended for use when applying for a residential mortgage loan**
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