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Personal Loans

KICK OFF UPCOMING RENOVATIONS!!

Apply for our 15 year Preferred
Home Equity Line of Credit
Offered with NO CLOSING COSTS
now through October 31, 2015

Rates as low as 2.75% APR!

The annual percentage rate (APR) may vary. Rates, terms and conditions are subject to change and may vary based on credit worthiness, qualifications and collateral conditions. All loans are subject to credit and property approval. APR will not exceed 21%. An annual fee of $20 will apply. An early termination fee of $350.00 is charged on lines that close within 36 months of opening. Additional fees, terms and conditions may apply. Property and flood insurance (if applicable) is required.

15 year Preferred Home Equity Line of Credit Disclosures:

The annual percentage rate (APR) is variable and may vary each month with the Prime Rate as published in the Wall Street Journal (WSJ) plus a margin. As of August 1, 2015, the Prime Rate is 3.25%. The variable rate for lines of credit is Prime + 0.00% (currently 3.25% APR) to Prime + 17.75% (currently21.00%). The APR may increase or decrease based upon an increase or decrease in the index. To determine the Periodic Rate that will apply to your account, we add a margin to the value of the Index, then divide the value by 12 (monthly). In no event will the Periodic Rate result in a corresponding annual percentage rate that is less than 2.75% or more than 21.00%. In the event that margin is higher than 2.75%, the lowest the Periodic Rate and corresponding annual percentage rate can be is equal to the margin. Interest will begin to accrue on the date credit advances are posted to your credit line. Interest will be charged based on the “average daily balance”. The average daily balance is determined by taking the beginning balance on each day, adding any new advances, subtracting any payments or credits and unpaid finance charges; then adding up all the daily balances for the billing cycle and divide the total by the number of days in the billing cycle. Rates, terms and conditions are subject to change and may vary based on credit worthiness, qualifications and collateral conditions. All loans are subject to credit and property approval. Monthly payments are calculated as 1% of the outstanding balance plus the accrued interest at the end of each billing cycle and may be lower or higher based on your loan amount, APR and term. APR will not exceed 21% or go below 2.75%. Stated rates apply to lines secured by owner occupied, single-family residences. No closing costs. Additional fees, terms and conditions may apply. An annual fee of $20 will apply. An early termination fee of $350.00 is charged on lines that close within 36 months of opening. Late payments apply and may be charged. Returned items fee is $29.00. Stop Payment fee is $25.00. Over-the-limit fees $20.00. Check order fee may be $14.00 to $25.00. Checks are optional. No minimum transaction amount. No transaction fee. Loan term and draw period is 15 years. If only the minimum payments are made during the life of the loan it may result in a balloon payment. Payment amount does not include amounts for taxes and insurance premiums. Property and flood insurance (if applicable) is required and is not included in the payment amount or closing costs.




Whether you're buying a car, remodeling your home, or needing cash for a special occasion, a consumer loan from Bank of the Bluegrass & Trust Co. can make your life easier.

  • New and used car loans
  • Debt consolidation loans
  • Home improvement loans
  • Preferred Home Equity Lines of Credit
Loan Officers
Bobby Jones, VP (859) 233-8937 MLO #478795

Mortgage Lending


Should you payoff your mortgage

One of our Mortgage Advisors will help you choose the Mortgage Loan that's right for you.

A few options include:

  • Conventional long term fixed rate loans
  • Adjustable rate and balloon mortgage loans
  • Government loan programs including: Federal Housing Administration (FHA), Kentucky Housing Corporation (KHC)

In addition, we offer In-house Mortgage Loans for those who may not qualify for conventional loan programs or for those who are looking to purchase rental property. We offer:

  • Mortgage loans for primary residence and rental properties
  • Jumbo financing
  • Bridge loans to provide temporary relief for those who have purchased a home but have not yet sold their previous home. (Variable rate, interest only due)
  • Construction loans for those building a home or making major renovations
  • Preferred Home Equity Lines of Credit
Let Our Mortgage Advisors Take The Stress Out of Home Buying!

Loan Officers
Josh Harman, VP (859) 233-8922 MLO #339904
Kim Noble, VP (859) 233-8935 MLO #613244

BLO #421548