Frequently Asked Questions

What types of interest rates are offered?
                We offer fixed and variable interest rates as well as adjustable rates on real estate loans.  Basically, we help you decide on which type of rate fits your needs the best and then structure your loan accordingly.

What is your current interest rate for loans?
                Loan rates vary by the type of loan you are applying for and many other factors when considering the structure of the loan.  Rates are different based on short and long term repayment plans.  Contact one of our loan officers so that they can give you a rate quote based on your personalized loan structure.  We have competitive rates and will offer you the best rate possible on all types of loans.

Will my loan be sold to other lenders?
                We keep all of our loans in house and are here to help you face to face at our main bank in Daingerfield or at any of our branch locations.  We offer personal service and service the loans we make ourselves, in the same place you applied for and received your loan.

What is the required down payment for a loan?
                Down payment requirements vary based on the type of loan and collateral pledged, the financial position and credit history of the applicant and the loan amount.

When will my loan payments be due and how do I make them?
                Your payment due dates will be stated in your original loan documentation.  You will receive a billing statement in the mail prior to your payment due date.  You can make your payment conveniently at one of our locations or you can make it by using our Telebank or Internet Banking.  If you have your deposit account at another financial institution, we can also set up to draft that account to make your payment.  Click on our Locations and Hours link at the top of the page to get more information on our hours.

What if I have lost my coupon or statement for the monthly payment that is due? What should I do then?
                If you have misplaced your coupon or statement stub, just be sure to write your loan number on your check.  If you need help with your loan number, you can ask one of our tellers if you bring in the payment.  Otherwise, please give us as much information as possible such as what type of loan you have if you mail in the payment without a loan number.

What if I can’t make my scheduled payment on time?
                We understand that sometimes unexpected things happen.  Please call your loan officer if you are not able to make your scheduled payment on time so that arrangements can be made.