Skip to main content
_FB_2018-Icons-finalized-cleaned-up_new_FB_2018-Icons-finalized-cleaned-up_newGroup 9
Back
Scroll to top

Small Personal Loans – Jacksonville, NC

Personal Finances 3 min read

Ready to talk to an expert?

Finding small personal loans in Jacksonville, NC, can be beneficial when you need a little extra money. Whether it’s for a planned or unexpected expense, a personal loan can help you cover the cost.

Find a Small Personal Loan in Jacksonville, North Carolina

When small unexpected expenses arrive, it can be difficult to find the funds to cover them. Personal loans typically have fixed interest rates, are given in smaller amounts than other types of loans, and allow you to pay them back over a shorter period of time.

First Bank has several types of personal loans you can apply for.

  • Personal Line of Credit – This personal loans gives you instant borrowing power, as you can request cash when you need it by writing a check.
  • First Bank Platinum Credit Card with Rewards – With a First Bank credit card*, you can make purchases in a convenient and secure way, plus earn rewards points you can redeem for things like gifts, travel, and entertainment. With your First Bank credit card, you will also receive security benefits, convenience benefits, and shopping benefits. Credit card interest rates can vary, but there is typically no annual fee.

Small Personal Loans - Jacksonville NC

More Small Loan Options for Jacksonville, NC

First Bank also offers standard home equity lines of credit, auto loans, and boat loans.

Standard Home Equity Lines of Credit — For loan amounts over $15,000, a Standard HELOC could be a good option. With a HELOC, you are borrowing money using your accrued home equity as collateral. Benefits of a First Bank HELOC include:

  • Low interest rate
  • Interest may be up to 100% tax deductible (Be sure to consult a tax professional for details on the deductibility of interest.)
  • Access with checks
  • Can be secured by equity in your primary or secondary home

Auto Loan – If you need to replace an aging car quickly or would like to get that new truck you’ve been eyeing, talk to First Bank. With our auto loans, funds are available in as little as 24 hours, and the application process is easy.  These loans work for dealer purchase, private party purchase, re-fi, or lease buyout. Approval and rates last up to 30 days.

Boat Loan – Set the stage for your next vacation with a new boat with the help of a First Bank personal loan. Our boat loans are available at competitive rates and flexible terms, and there’s no prepayment penalty.

Visit First Bank Today

If you are looking for small personal loans in Jacksonville, NC, visit First Bank. We have two locations in Jacksonville with a staff ready to answer any questions you may have about small personal loans.

To learn even more about First Bank, see our articles on banks near by, steps to getting a small business loan,  home mortgage basics, and best merchant account for small business.


*Loans subject to credit approval. See our Terms and Conditions for complete details on our One Rewards Program. MasterCard, Debit MasterCard and the MasterCard brand marks are trademarks of MasterCard International Incorporated. Be sure to consult a tax professional to confirm the appropriate details.

———

Sources:

The Balance: https://www.thebalance.com/know-about-personal-loans-960025

Ready to talk to an expert?

Share:
First Bank’s Good To Know Logo
Sign up for our newsletter and be the first to know about new tips, insights, and products from First Bank.
First Bank may use this email address to contact you about products, services, and promotions.

You may be interested in...

Conventional Mortgage Loans Applying for a home loan can be a strenuous process, especially if you’re unsure which type of loan is the best fit for your financial situation. Before you apply, it is important to understand the two types of loans available to you: conventional mortgage loans and a government-backed loans. In this article, we’ll break down the basics of conventional loans. What are Conventional Mortgages? Conventional loans can have fixed or variable interest rates, which can be impacted by your credit score. Qualifications for conventional loans are usually stricter than government-backed loans because they carry a higher risk for banks and private lenders. If the borrower defaults on the loan, the banks and private lenders are not protected. These kinds of loans are not insured by the federal government, but they are still required to follow guidelines set by the Federal National Mortgage Association—a.k.a. Fannie Mae and Freddie Mac. A Conventional Loan to Meet Your Needs If you live in North Carolina or South Carolina and are looking for a flexible and affordable conventional loan,* look no further than your local First Bank. We offer both adjustable-rate and fixed-rate mortgages with a range of features and benefits that are sure to fit your specific financial needs. Conventional Adjustable-Rate Mortgages This kind of mortgage loan changes periodically depending on shifts in the corresponding financial index associated with the loan. ARMs generally have a lower initial interest rate than fixed-rate mortgages. Both your interest rate and your P&I (monthly principal and interest) payments will stay the same for an initial period of 3, 5 or 7 years. After that it will adjust periodically. Interest rate caps set a limit on how high your interest rate can go for your P&I payment for each adjustment and over the life of the loan. Loans are available for 30-year amortization schedules. Conventional Fixed-Rate Mortgages Your interest rate and P&I payments stay the same for the life of your loan. That predictability for your monthly P&I payments enables you to budget more easily. This kind of loan is available in a variety of loan term options, and it protects you from rising interest rates no matter how high they fluctuate. This option is good for individuals or 3 min read
What Are 20-Year Mortgage Rates? There are various factors to consider when purchasing a home, including how to finance it. Some consumers may opt for a mortgage with a shorter term while others find it beneficial to extend the mortgage. It may be best to look for a 20-year mortgage for a lower price without putting yourself in debt until retirement. First, let us help you answer the question, “What are 20-year mortgage rates?” What are 20-year Mortgage Rates? 20-year mortgage rates are an alternative to 15 and 30-year mortgage rates, the most common types of mortgage loans. 15, 20, and 30-year mortgages are usually offered as fixed-rate mortgages, meaning the interest rate you pay never changes. A 20-year fixed mortgage rate typically allows you to build equity faster and pay off your home in less time than other longer-term mortgage loans. They also typically have lower interest rates than other mortgage options because the term of the loan is shorter. Benefits of a Fixed-Rate Mortgage First Bank offers conventional fixed-rate mortgages, available in terms of 15, 20, and 30 years. There are many benefits to a First Bank fixed-rate mortgage, including: Predictable monthly P&I payments Protection from rising interest rates for the life of the loan Sound investment for long-term home owners What is an Adjustable Rate Mortgage? First Bank also offers adjustable rate mortgages, or ARMs. ARMs have interest rates that change periodically. When the rate changes, your monthly payment will either increase or decrease depending on whether the rates rise or fall. First Bank’s ARMs are available for 30-year amortization schedules, with initial periods of 3, 5, or 7 years. Contact First Bank Today Whether you’re buying a home or interested in refinancing, First Bank has a loan option for you. If you are still have questions about mortgage rates or conventional loans, contact the First Bank Mortgage Help Center, or visit a First Bank branch near you. 2 min read
First Bank logo
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognizing you when you return to our website and helping our team to understand which sections of the website are the most popular and useful.