Personal Loan Options

FAQs

• How can I get a personal loan?

  Getting a personal loan is simple. It all starts with an application. You can:

  • Pick one up at any of our branch locations.

  • Request an application via email.

  • Schedule a time to go over the application with a loan officer.

  If you have any questions before applying, our team is always here to help. Reach out to us – we're happy to guide you through the process.

• How long does it take to get a personal loan?

  Once we receive all the necessary information to underwrite your request, we typically respond within 24 hours. If approved, the loan closing will be scheduled based on the next available time with our loan team. 

  Pre-approval lets you know the loan amount you can afford and shows sellers you're a serious buyer.

• How can I get a mortgage?

  We make getting a mortgage loan with Heritage Bank of the Ozarks simple. Here’s how the process works:

  1. Connect with your Heritage Bank lender – Our experienced lenders will guide you through every step.

  2. Fill out an application to get pre-approved – Pre-approval lets you know the loan amount you can afford and shows sellers you're a serious buyer.

  3. Partner with a local realtor and start shopping – Once pre-approved, find a trusted local realtor and begin your search for the perfect home.

  4. Get under contract and start the mortgage loan process – Once you've found your dream home and signed a contract, we’ll take care of starting your loan.

  5. Allow 30 to 45 days for the process 

  We’re here to make the journey to homeownership smooth and stress-free. Let’s get started today.

  

• What is a home equity loan?

  A home equity loan allows you to borrow against the equity in your home. Your equity is calculated by taking your home's appraised value and subtracting any remaining balance on your primary mortgage.

  This type of loan is separate from your primary mortgage – it does not pay off or affect your current mortgage or its interest rate. Instead, it provides a lump sum of money you repay over time with fixed monthly payments.

  A home equity loan can be a great option for funding major expenses like home improvements, debt consolidation, or other financial needs. Our lenders are happy to help you explore your options.

• What are current auto loan rates?

  Auto loan rates vary based on factors such as credit score and the age of the vehicle. To get an accurate rate tailored to your situation, give us a call, and we’ll discuss the details of your request.