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The Bank of Missouri offers a wide variety of consumer loan products to fulfill the needs of almost any borrower. Let your local Bank of Missouri branch help you with your loan needs and see what “Local Money Working for Local People” really means.
Vehicle Loans
The Bank of Missouri offers lending programs to purchase or refinance a new or used vehicle. Our vehicle lending program includes all types of vehicles as well as recreational vehicles, boats, motor homes and trailers.
Personal Loans
If you need extra cash for whatever reason, The Bank of Missouri can set up a personal loan for you. Collateral for these types of loans can be bank certificates of deposit, real estate, and other personal property.
For more details or to apply for a loan with The Bank of Missouri, complete the Jumpstart Application or visit one of our local Bank of Missouri locations.
Home Mortgage Loans
The Bank of Missouri makes the home buying process smooth and worry free, whether you are purchasing your first home, would like to move to a larger home, or need to refinance your existing mortgage.
At The Bank of Missouri we offer:
- Competitive interest rates and closing costs
- Prompt, local loan approval
Find a Mortgage Loan Originator in your area
For more details or to apply for a loan with The Bank of Missouri, complete the Application Request Details (to receive an application packet by mail) or visit one of our local Bank of Missouri locations.
Tips for Homebuyers
Fixed Rate Mortgage
A fixed rate mortgage provides one interest rate for the entire term of the loan. The 15 and 30 year programs are two of the most popular conventional products that make up a great majority of the typical mortgage lender's activity. However, there are many more programs available that may suit the needs of your special borrowing needs.
Adjustable Rate Mortgage
Adjustable rate mortgages generally have lower beginning interest rates (and lower payments) than fixed rate mortgages. Typically a person who may only stay in a home for a short period of time may choose this product to reduce the mortgage costs during their limited stay in the home. Many borrowers choose this product to keep their mortgage payments at a minimum during the early years of a loan and if rates increase, the borrower’s income may also have increased to help offset the impact on their budget.
Construction Loans
The Bank of Missouri specializes in helping customers build their dream home. The construction loan program provides short term financing for a specified period of construction with "interest only" up to a maximum of 12 months. Upon completion, the bank will refinance the home for the long term with the appropriate loan program.
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