Reliance Bank offers loans
designed for your individual needs that will
fit within you budget. We also provide quick local service, attractive
interest rates and a choice of repayment plans. Choose from one of the
loan options below:
Pre-Approval Program
Finding a home is only half the process. Arranging for the proper loan
to fit your specific financial needs is equally important. Shop for your
home with the confidence that the financing you need is readily
available.
$50 fee credited to closing costs if a mortgage application is taken
Pre-approval letter provided-for Realtors, Sellers, etc.
Commitment valid for 90 days
Fast response
Mortgage Loans
Whether you are a first time homebuyer or refinancing your existing
Mortgage, our mortgage specialists are available to answer all of your
Questions and help you through the process smoothly and quickly.
Fixed and variable interest rates
Various terms available
Bank serviced or servicing release programs available
Financing up to 95% of the appraised value
24-Hour Telephone and Internet Banking
Automatic payments from checking or statement savings
Competitive interest rates
Construction Loans
You can finance your home construction and your new home in a single
step. There's just one application process, one appraisal and one
closing saving you thousands of dollars.
One closing, one low rate
Six month construction period
Interest only on monies disbursed during the construction period
Financing up to 95% of the lot value and construction costs as
determined by an appraiser
Competitive interest rates
First Time Home Buyer Program
Free pre-qualification for a mortgage, relaxed guidelines, and our free
Home Buyers Seminar are a few ways we can make your first home purchase
easier, less stressful
.and more affordable.
Bank pays appraisal, credit, application and flood certification fees
Taxes and insurance escrowed and paid by the Bank
Financing up to 95% of the sale price
24-Hour Telephone and Internet Banking
Automatic payments from checking or statement savings
Competitive interest rates
Home Equity Installment Loans
As a homeowner, you can use your equity as a source of available credit
to complete home improvements, buy an automobile, or consolidate debts.
Affordable fixed monthly payment
Variable terms available
Interest paid may be tax deductible
Borrow up to 89% of your home's equity
24-Hour Telephone and Internet Banking
Automatic payments from checking or statement savings
Competitive interest rates
Home Equity Line of Credit
Use your home's equity as a source of revolving credit to use whenever
you need it.
Low monthly payment
Interest paid may be tax deductible
Free personalized checks
24-Hour Telephone and Internet Banking
Automatic payments from checking or statement savings
Competitive interest rates
Building Lot Loans
This loan gives the flexibility to purchase land and make interest only
payments for the first two years.
Interest only payments for the first two years
After two years, affordable principal and interest payments
24-Hour Telephone and Internet Banking
Automatic payments from checking or statement savings
Competitive interest rates
