Loans
Purchase or refinance real estate for your ag business — at Bank of Newington, we make the process easy and affordable with our ag real estate loans.
In addition to a competitive rate, you'll receive personal attention from our lenders who are knowledgeable about the local ag real estate market. Apply online today.
- Benefits
- Affordable funding for purchase or refinance of agricultural real estate
- Competitive fixed, adjustable, and variable rates
- Terms customized to your needs
- Wide range of repayment options
- Easy application process
- Personalized service from start to finish
- Experienced lenders familiar with the local ag real estate market
- Decisions made here in the Central Savannah River Area
- Fixed-Rate
We offer a variety of fixed-rate mortgages with terms available from 7 years all the way up to 25 years, with the same options for the initial rate lock period. The 7-year fixed and 15-year fixed are available with either a 15 or 25-year amortization option; while the remaining products will be fully amortized over their term of 10, 20, or 25 years.
- ARMs
We offer a variety of adjustable-rate mortgages with 15-year terms, with an initial rate lock period available anywhere from 1 month to 10 years. All ARMs may be either fully amortized over the 15-year term, or placed on a 25-year amortization to lower your payments.
- VRMs
We offer a variety of variable-rate mortgages with terms available from 15 years all the way up to 30 years, with either 10-year or 15-year options for the initial rate lock period. Both the 10-year VRM and 15-year VRM are available with 15, 20, 25, or 30-year full amortization options.