Consumer Loans

First Newton Bank offers a variety of consumer loan products with competitive rates.

  • Both installment and single payment terms are offered
  • Interest rates vary with purpose and terms
  • An application is required; financial statements and tax returns may also be needed
  • Incentives may apply for automatic debit on installment loans
  • Collateral is usually required

First Newton Bank is staffed with loan officers at each branch location who are ready to provide you with their personal attention and professional service that is sometimes hard to find today. Our staff will help answer your questions and provide you with the right loan to meet your financial needs. To apply, call or visit a loan officer at any of our convenient locations.

Blue Chip Line of Credit

  • Personal unsecured line of credit
  • No Closing Costs
  • Accessible by check and as overdraft protection
  • 16.00% Interest (rates subject to change)*
  • Monthly payment will be the greater of 5% of the unpaid balance or $25

Home Equity

  • Will lend 80% of appraised value of your home, less 1st Mortgage *
  • No Closing Costs
  • Competitive Rates
  • 60 Month draw period; $300 minimum advance
  • Monthly payment will be the greater of
    • 1.5% of the outstanding balance or
    • $100
  • Accessible by check, telephone transfer, or in writing

Installment and Single-Payment

  • Quick response. Rates will vary. Stop by any of our locations to apply.

Mortgage Services – Construction/Permanent

  • Terms from 10-30 years
  • Competitive Interest Rates – Rates change daily; for current rates
  • Application required
  • For more information, contact our Mortgage Service Department