Auto Loans, Home Equity Loans and More Personal Loan Options
Throughout life there are events that are big, both in what they mean to us and in what they cost to achieve. For times when life requires financial assistance, CBI Bank & Trust is there to help by offering a variety of personal loan options.
The decisions for our personal loans are made locally, and our consumer lending team always takes the time to get to know you and your needs before making any recommendations. That’s just one more way we ensure you get the loan that best fits your needs, not our bottom line.
Unsecured Personal Loans
Available when you have a need for quick and convenient financing, unsecured personal loans are generally available for individuals with an established credit record and an excellent credit history. Contact CBI Bank & Trust for more details about our unsecured personal loans.
Auto & RV Loans
CBI Bank & Trust offers two primaryloan options for vehicles and RVs:
- Conventional Auto/RV Loans: The most common type of financing; offers fixed interest rates, flexible terms to match your budget, and easy monthly payments. Available to help you purchase a vehicle or to refinance an existing loan which may help you lower your interest rate and/or payment amount.
- Indirect (Dealer) Auto Loans: Since we have partnerships with many area dealerships, you can ask your dealer if they can process your financing through CBI Bank & Trust in order to get an “indirect” auto loan. After the purchase is complete, our staff works with you on the terms for your repayment plan.
Home Equity Loans
Put the power of your home’s equity to use for you to pay for home improvements, a wedding or other major expenses. Our home equity loans are lump-sum loans that come with fixed rates that are usually less than other types of personal loans. The fixed rate makes repayment easy as you can budget around your monthly payment.
Home Equity Line of Credit (HELOC)
Establish a line of credit using your home’s equity (the difference between your home’s value and the amount of any loans against it) with a home equity line of credit from CBI Bank & Trust. Once your application is approved and your credit limit has been set, you can borrow whenever the need arises. Payments are either interest only, or you can choose to make a principal and interest payment monthly. The variable interest rate is based on an independent index, the “Prime Rate”. Fixed rate line of credit loans are available as well.
Other Personal Loan & Credit Options
CBI Bank & Trust offers even more types of personal loans in addition to those listed above, including:
- Other Collateralized Loans: Loans for boats, camper trailers and motorcycles
- CD Loans: Loans using a Certificate of Deposit as collateral
- Plastic: A great lineup of personal Credit Cards
Get started now. Learn more, apply in person, even apply online at CBI Bank & Trust!
Our helpful consumer lenders are ready handle your questions and provide the assistance you need. Call or stop by any of our convenient Locations in Buffalo Prairie, Coralville, Davenport, Kalona, Muscatine, Washington or Wilton to start the conversation about your personal loan needs. Convenient e-mail links to our lenders, as well as additional information, is provided on our Online Loan Applications page.