At Old Point National Bank, we have just about as many ways to lend money as you have plans to use it. From the practical to the extravagant, we can help put your plans into action. And if you make your loan payments through automatic deduction from an existing Old Point account, you’ll get a discount off our already competitive loan rate. At Old Point you deal with a manager or loan officer for the entire loan process. This means no third-party loan brokers to deal with and you get your answer quick.
If you are looking for a loan with highly competitive rates and flexible terms, check out our installment plans or any of our other consumer loan options. We have consumer loans available for just about every purpose.
Home Equity Loans and Lines of Credit
Old Point can also help you finance your plans with a Home Equity Loan or Home Equity Line of Credit. Both allow you to borrow against the equity in your home and may have the added advantage of tax deductible interest*. With their fixed rate and fixed term of repayment, Home Equity Loans are great for one-time expenditures. You can use them for:
Other Home Improvement Projects
Ongoing Home Repairs & Improvements
*Consult a tax advisor regarding the deductibility of interest.
Contact your nearest Old Point branch for more information on our current rates and terms. We have loan specialists who will take time to discuss with you the best way for you to finance what you need and will help you to choose the right loan for your personal situation.