When it comes to paying back loans of any kind, you know that the interest rate is what can often be high. No matter the size of the loan or what you are using the financial assistance for, you will have to contend with interest rate accumulations, even if is fixed over 20 or 30 years like the ones we offer at Heritage Land Bank.

But there is something that sets us apart from other banks, particularly when it comes to the amount of interest rates our clients pay off on land or equipment loans - conversions. Interest rate conversion is the process in which we here at Heritage Land Bank adjust down the amount of interest a client pays off without impacting our own profitability.

Think for a moment - have you ever had a banker or lender call you up one day to let you know that you are paying too much interest on your loan and they are going to bring it down for you? Chances are, the answer is a resounding no. Here at Heritage Land Bank, we have been able to do that over 700 different times in the course of the last year alone.

This is a fairly easy to understand process that we will tackle in Part Two of this series. But what you need to know right now is that, whether you are buying property in Texas or are in need of new hobby farm equipment for your land, a loan from Heritage Land Bank means you will be paying no more than what is absolutely required, easing the financial burden on you and your family.

Contact a representative from Heritage Land Bank today to apply for a loan.