Home Loans Built for You
Choosing the right lender is almost as important as choosing the right home. At Peoples Bank & Trust, we take great pride in serving as your local lender, from pre-approval to closing and even after you’ve moved in.
You see, we don’t sell off your mortgage to a third party servicer when the deal is done. Your loan stays here, at Peoples Bank & Trust. This means your payments come to your local bank and when it’s time to talk about refinancing, a home equity line of credit or even deal with an insurance claim, we’re here, in person, to help you.
From traditional home loans to specialty loans, we have the knowledge and experience to ensure you’ll have a great experience. Contact your local Peoples Bank & Trust office by clicking the button below to start the process of choosing us as your home loan provider.
Our Home Loan Offerings
Fixed-Rate Mortgage
A great option for borrowers who want the consistency of a monthly payment thanks to a fixed interest rate throughout the term.
Adjustable-Rate Mortgage
Your loan’s rate will be fixed for an initial term before being subject to changes in the market.
Home Equity Loan
This is a lump sum loan that allows you to use your home’s equity to pay for things like home improvements, consolidate debt and provide financial flexibility.
Home Equity Line of Credit (HELOC)
You can use a home equity line of credit in similar ways to a home equity loan. The difference is the funds are available as a revolving line of credit for you to draw on as needed.
Construction Loans
These loans are offered as a closed-end line of credit that allows you to make interest-only payments. Construction loans can be used to fund up to 80% of the costs associated with building your new home.
Land/Lot Loans
If you have the perfect location picked out for building your future dream home, a lot loan can help you secure your spot even if you're not quite ready to start building. Repayment terms are tailored to you.
Mortgage Rates
| Term | Rate | APR | Estimated Monthly Payment |
|---|---|---|---|
| 15 year | 6.375% | 6.378% | $1,950.39 |
| 30 year | 6.875% | 6.752% | $1,482.86 |
* Annual percentage rate (APR) is accurate as of 07/28/2026. These rates may change at any time without prior notice. The rates quoted assume the loan purpose is a no cash-out refinance of an existing mortgage with a loan amount of $225,000 and a property value of $300,000. The property is a single-family primary residence in Missouri. The assumed credit score is 740, with a 45-day rate-lock period and 0.00% points charged. If an escrow account is required or requested, the monthly payment will also include real estate taxes and homeowner’s insurance premiums. Estimated monthly payment shown does not include real estate taxes and/or homeowner's insurance.
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