Personal Banking
Consumer Loans
“Neighbors you know, bankers you trust” means more to us than just a warm welcome and smiling face when you open an account or cash a check. It also means meeting your total needs. That’s why when you need money for a new car, a child’s college tuition, home improvements or just a well deserved vacation – Mauch Chunk Trust Company is here for you. We have Installment Loans, Home Equity Loans, Home Equity Lines of Credit that offer convenient and flexible options.
Consumer Loans » Installment Loans » Home Equity Loans » Home Equity Line of Credit Conversion
Installment Loans
- Fixed interest rate
- Interest rate based on term, collateral & credit history
- Monthly payments can be made by coupon book or automatic debit
Click here to apply for an Installment Loan
Home Equity Loans
- Fixed rate home equity loans have flexible repayment terms
- Automatic debit for payment available
Click here to apply for a Home Equity Loan
Current loan rates
Home Equity Line of Credit Conversion
The perfect option for qualified customers wanting an easy-access revolving line of credit but with an added benefit.
- Access the equity in your home whenever you need it
- 7 year draw period
- No pre-payment penalty
- Check writing privileges
Conversion Option:
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Ability to lock in segments within the approved credit limit at a fixed rate and fixed term up to five times during the 7 year draw period.
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No additional paperwork or approvals are necessary.
*No application fee. Variable annual percentage rate (APR) is indexed to the Wall Street Journal Prime Rate. Maximum APR is 18%. Minimum APR is 5%. APR is subject to change after consummation. Contingent on credit approval. Interest may be tax deductible. Consult your tax advisor.
Click here to apply for a Home Equity Line of Credit
For more information about this product, contact an MCT loan officer at 570-325-2265.
