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 Lines of Credit
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
Home Equity Lines of Credit
- Monthly billing statement provided on lines of credit
- Check writing privileges
NEW
7 Year Interest Only Home Equity Line of Credit*
Access the equity in your home whenever you need it and pay interest only for 7 years.
The variable rate is New York Prime - .50%. At the end of 7 years the line converts to a 15 year amortization with interest plus principal payments.
*No application fee. Typical closing costs range from $125 to $500. Variable annual percentage rate (APR) is indexed to the Wall Street Journal Prime Rate. Maximum APR is 18%. Minimum APR is 4%. 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 our consumer loans, contact any MCT branch office.
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