Personal Banking

Loans and Credit

In regards to loans – one size doesn’t fit all. At BOS, we offer loans of every shape and size whether you want to buy a new home, remodel your current home, finance a car or need money for an unexpected emergency. We’ll find a loan that fits your lifestyle. We know loans can be confusing and that’s why our loan specialists will walk you through the process offering understanding and guidance through out.


Mortgage Loans


The first step in purchasing a home is getting pre-approved. A BOS loan specialist will work with you to determine your price range and get you pre-approved for one of our mortgage loans.

Nationwide Mortgage Licensing System Information
BOS Online Mortgage Center

Fixed Rate Loans
If you don’t like surprises you might want a fixed rate loan. Your interest rate will be set at a fixed rate through the life of the loan.

Adjustable Rate Loans
To set your own pace, get an adjustable rate loan. The interest rate begins fixed then rises and falls with the market.

No-Fee Mortgages**
Close or refinance your mortgage with no appraisal, origination or any other fees. This is applicable to first mortgage loans only. Contact a BOS lender for more details.

Special Financing Programs
A conventional loan isn’t right for everyone. See a BOS loan specialist for details on U.S. Government loans and community programs to aid veterans, first time homebuyers and those working within a smaller budget. A Federal Housing Administration (FHA) mortgage can help first time home buyers who don't have enough money saved for a down payment or who are using a monetary gift as a down payment. FHA loans also allow lower credit scores. For more information about any of our Special Financing Programs, contact a mortgage specialist at a BOS branch near you.

Online Mortgage Center
Visit the BOS Online Mortgage Center to apply for a mortgage today..

* All loans subject to credit approval.
**Contact a BOS mortgage lender for details and current interest rates for No-Fee Mortgage. Applicable to first mortgage loans only. Qualifying fees include non-recurring closing costs (third party fees): appraisal, credit report, tax service, flood determination, origination fees, title insurance, courier and recording. Costs that do not qualify include but are not limited to property taxes, interest, and all types of insurance.

***Conforming Loan Payment Notice: Your payment will be processed the same day it is received if we receive it on a regular business processing day during regular business hours. All other payments received will be credited on the next regular business day. Regular business processing days are Monday-Friday. Saturdays, Sundays and federal holidays are not regular business processing days. Additional information about our BOS locations, regular business hours, addresses and phone numbers can be found on our website at or by calling 877-698-3278.

Home Equity

If you’re already a homeowner, let your investment work for you by providing the collateral necessary for your needs. The amount of equity you’ve built in your house determines the amount you are able to borrow. A home equity loan or line of credit typically offers you a lower interest rate than most personal loans or credit cards and you can use the loan for whatever you want – vacations, education, remodeling or even medical bills.

With a home equity loan you can request a lump sum that you pay back over a set time period at a fixed interest rate. With a home equity line of credit you have a revolving line of credit at an adjustable interest rate. So you only borrow as you need to for the term of the loan. Interest on both a home equity loan and line of credit may be tax deductible (consult your tax advisor about your personal situation).

Credit Builder Loan

If you don’t have a credit history or have had past credit problems, talk to a BOS loan specialist about a credit builder loan. We can help you establish or re-establish your credit.

Installment Loans

Installment loans are the solution for just about any financing need – debt consolidation, cars, boats, or anything else. You repay the money you borrowed back over the specified period of time with set monthly payments.

Car loans are the most popular kind of installment loan. BOS will work with you to get financing for that car you’ve had your eye on and determine a monthly payment that fits your budget.

A personal loan is an unsecured loan with fixed payments. It’s perfect for paying off debt from credit cards or hospital bills.

If you have a certificate of deposit (CD) - even if it hasn’t matured - you may be able to use it as collateral. Interest rates vary.

For homeowners, the interest you pay on your installment loan may be tax deductible. Ask a BOS loan specialist for details and consult your tax advisor for deductibility.

Personal Service

BOS is here to serve you and make your banking experience more convenient. We know your banking needs aren’t always 9-5 and that’s why we offer 24-hour access to your accounts online or by phone. Both options offer you the ability to check balances, review recent transactions, transfer money, and make loan payments.

You can even set up automatic monthly loan payments from your BOS account or any other account. BOS also offers Credit Life and Disability insurance for most BOS loans.

Come see one of our loan specialists today to find the loan that fits this stage in your life.


Student Loans


There are many ways to pay the cost of college. After considering federal loans, scholarships and grants you may still have a gap to pay your total college costs.

BOS works with iHELP to provide an attractive private student loan that can help you to cover that gap. Applying for an iHELP Loan is easy and takes as little as 15 minutes.

Click here to learn more and apply.

Click here for a list of eligible schools.

Consolidation Loans for Graduates

iHELP Student Loans also offers Private Student Loan Consolidation for college graduates. Consolidating your Federal, Parent Plus and Private student loans is a great way to reduce your monthly payments and simplify your life.

Click here to learn more and apply.

This Web Site may contain links to other web sites ("Linked Sites"). The Linked Sites are provided for your convenience and information only and, as such, you access them at your own risk. The content of any Linked Sites is not under Bank of Springfield’s control. Bank of Springfield is not responsible for, and does not endorse, such content, whether or not Bank of Springfield is affiliated with the owners of such Linked Sites. You may not establish a hyperlink to this Web Site or provide any links that state or imply any sponsorship or endorsement of your web site by Bank of Springfield, or its affiliates or Providers.


This Web site is for marketing purposes and is not designed as a substitute for full account disclosure of any product described in this Web site. Please contact BOS for more information.