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The "American Dream" is alive and well!

Home ownership remains one of the most enduring symbols of American pride and accomplishment.

At Bank of Bolivar, one of our goals is to make responsible home ownership a reality for as many people as possible. One way to accomplish this is by matching the right people with the right loan type for them. At Bank of Bolivar, we have several residential mortgage loan types available for consideration. Please see full disclosure information on this page, below.

Fixed Rate MortgageApply Now!

  • A loan with a constant rate and uniform payments amortized over the term of the loan, which can help you with your long-term financial plan
  • Bank of Bolivar's competitive rates help minimize your interest expense
  • There is no prepayment penalty
  • Click here to see Current Loan Rates:

Adjustable Rate Mortgage (ARM)

  • A loan whose interest rate and monthly payment vary in direct response to a rise or fall in market rates
  • ARMs usually have a lower initial interest rate than a conventional or balloon mortgage
  • ARMs have a limit on the amount of annual rate increase or decrease, letting you take advantage of downward trends while limiting the impact of rising rates
  • There is no prepayment penalty
  • Click here to see Current Loan Rates:

Home Equity (Line of Credit or Term)

  • A loan that is collateralized by the equity in your home
  • Immediate buying power with less financial burden due to longer payment terms and lower monthly payments than other personal loan types
  • Advances can be obtained up to a specified limit
  • No loan fees on loans up over $25,000; $25,000 and under, customer only pays appraisal fee
  • There is no prepayment penalty
  • Please contact a loan officer for current rates on this type of loan

Construction Line of Credit

  • A line of credit used to provide access to funds necessary for ongoing construction project expenses until permanent financing is secured at project's end
  • Please contact a loan officer for current rates on this type of loan