Douglass National Bank understands our customers. We understand barriers clients might face in getting credit. We understand that finding the right loan can often be confusing and complicated.
We offer a variety of loans to meet your consumer or business needs. Douglass can help you whether you are buying or renovating your home, starting or expanding a business, buying a new car or making a major purchase.

• Consumer Loans
• Business Loans
• For Consumers & Businesses
• Mortgage Loan Rates

Consumer Loans
At Douglass National Bank, we strive to simplify the lending process. We know our customers, we understand your needs, and we provide loan products to help meet them.

Personal Loans
We understand our customers needs and we offer loans to meet those needs. Personal loans can be used for general purposes including vacations and emergencies. 

• Secured
• Unsecured

Auto Loans
There is never a fee for an auto loan application at Douglass National Bank, so the consumer can get an answer to his/her auto loan without further expense.

• Both new and used vehicles financed.
• Flexible terms.
• Competitive interest rates.
• Refinancing available for persons in a second chance financed car loan with a good payment history.
• Available to purchase or refinance boats, motorcycles or recreational vehicles.

Mortgage Loans
Douglass has a strong reputation when it comes to helping people realize their dreams of homeownership. Call us as you consider purchasing, refinancing, constructing or improving your owner occupied residence. Click here for current rates.

First-time Home Buyers Program

• HEDFC 80/20 program.
• CHIP program.
• Police in Neighborhood/Teachers in Neighborhood.

Home Improvement Loans

• Build a deck; replace a roof.
• Complete a recreation room; repaint your home’s interior or exterior.
• Contact Douglass National Bank.

Secured Loans
Loans can be secured by:

• Cash value in life insurance policies.
• Certificates of deposit.
• Publicly traded stock.
• Automobiles currently paid-in-full.

Business Loans
Douglass National Bank is a friend of small businesses including new ones starting out or existing ones that are expanding. Douglass has special expertise in areas of real estate and construction, affordable housing and churches.

• An approved Fannie Mae lender.
• Construction loans for single family contractors and commercial construction loans.
• Loans to purchase or rehabilitate multi-family units or to refinance your current rate.
• A variety of terms for investment property and for other commercial real estate.
• Loans to churches for construction, improvements, refinancing or vehicle acquisition.
• Loans for business equipment needs.
• Business lines of credit for a variety of needs and on a variety of terms.

Consumers & Businesses

Royal D-Overdraft Protection
Douglass National Bank offers a “Credit Reserve Program” with overdraft protection for checks for both businesses and individuals. “Royal D” is set up as an unsecured loan with a 17 percent interest rate (interest accrues on a daily basis). A customer applies by completing an application. The minimum amount of credit reserve is $500; maximum amount, $5,000.

How the program works:

• Customer’s insufficient check or debit is presented against the account.
• A credit is automatically generated in $100 increments to credit the customer’s account to cover the presented item.
• The customer’s check(s) are paid, and no insufficient fees are charged to the customer.
• Checks will be paid up to the available credit limit. For example, if the customer has credit availability of $200, and there are six (6) $50 checks presented for payment, the system will pay four (4) of the $50 checks totaling $200 and return the other two (2), or if two checks are presented for $150 each, the system would pay one of the $150 checks and return the other. If the same credit ($200) is available, and a $300 check is presented, the check for $300 will be returned insufficient.
• 7.5 percent of the unpaid balance or a minimum of $20 is the payment amount due on the first day of every month.