Personal Lending
Consumer Loans
A consumer loan can be used to purchase a car, truck, motorcycle, boat, or RV, or other personal needs. Turn your wants and needs into reality with a loan from Blue Ridge Bank and Trust.
- Competitive, fixed rates with a variety of terms available
- Simple interest with no prepayment penalty
- Same-day approval, processing, and closing
Mortgage Loans
Blue Ridge Bank and Trust Co. has helped people realize their dreams of home ownership since 1958. We specialize in financing homes, not just houses.
- Fast, free pre-qualification
- Competitive fixed and adjustable rates
- Conventional, portfolio, jumbo, and construction loans
- Home Equity Lines of Credit (see below)
Our Lending Products
At Blue Ridge Bank and Trust, it is our mission to enable people to acquire the financial resources to realize their dreams. If you are dreaming of a new auto or home, we offer convenient and affordable financing. For more information, please call 816-358-5000 or contact a lending representative shown below.Home Equity Line of Credit
As a homeowner, you can gain access to the equity in your home. Whether you want to buy a car, take a vacation, remodel a room, or consolidate high-interest credit cards, the Easy Access Line of Credit can help meet your needs.
Once your loan is established, you just write a check. You will only be charged interest on the money you use and still have the remaining funds available for future needs.
- No annual fees, closing costs, prepayment penalty, or termination fee
- $5,000 minimum credit line to open plan
- Quick and simple approvals
- Easy access - just write a check!
With our Easy Access Line of Credit (10-year draw/10-year payout), you can borrow up to 80% of the value of your home at a variable rate of: PRIME - 1/2% during your "First Payment Stream" and PRIME + 1/4% during your "Second Payment Stream"
(Prime currently 8.00%; Floor Rate is 5.00%)
The annual percentage rate will be based on a range from 5.00% APR (Floor Rate) (as defined in the Wall Street Journal, Midwest Edition, as of September 18, 2024) to Prime. The APR may change monthly, but will not exceed 24.00% APR (Ceiling Rate).
$5,000 minimum credit line to open plan. Property insurance required.
During the "First Payment Stream" (120 months), minimum monthly payments will be based on 1% of the outstanding balance.
During the "Second Payment Stream" (120 months), the regular payment will be based on amortization of your balance at the start of this payment period, or $100, whichever is greater.
A Conversion Option is offered to convert the APR from a variable rate with annual percentage rate limits to a fixed rate. The fixed rate will be determined as published by Blue Ridge Bank and Trust Co. at the time of conversion.
Our Consumer Lenders
Our Mortgage Lenders
