Features of Personal Loans:

Deerwood Bank offers many different types of loans for almost anything you need to finance.

  • New and used car or truck loans
  • New or used ATV, boat, recreational vehicles or snowmobile loans

Stop by or call one of our conveniently located offices and talk to one of our experienced and friendly lenders! Please bring the following with you:

Loan Calculator

The accuracy of this calculator depends on your input and its applicability to your circumstances is not guaranteed. Results should be discussed with a qualified professional before any product purchases or loan commitments are made.

 

Frequently Asked Questions

Q: What are the minimum qualifications for a loan approval?
A:

You must be employed or have a verifiable source of income, the ability to repay the debt and a stable credit history.

Q: Are there any prepayment penalties for paying off a consumer loan?
A:

No, you can pay off any consumer loan without incurring a prepayment penalty.

Q: How long will it take to process my loan?
A:

Our consumer loan decisions are typically made right at the desk directly with the consumer lender! There isn’t a centralized team or committee process of approval, those unnecessary layers slow the process down. This way you can get your request answered as quickly as possible!