Consumer Loans
Farmers National Bank provides loans to borrowers for vehicles, home improvements, personal property, personal expenses, etc.
The loans are normally secured by vehicles, personal property, investments, and/or real estate (if secured by a borrower’s residence the rules for residential lending apply). The interest rate is fixed with the rate dependent on the purpose of the loan vs the type of collateral for the loan. The maturity of the loan is also dependent on the loan’s purpose.