Home Equity Line of Credit (HELOC)

Let your home's equity work for you. Make home improvements, take that dream trip, pay school tuition and more.

Home Equity Line of Credit (HELOC)

When it comes to remodeling your home, consolidating debt, or making other major purchases, a Home Equity Line of Credit from Mauch Chunk Trust Company is a smart financing option. It offers rates as low as 4.75% APR*—plus the flexibility of accessing your line of credit whenever you need it, up to your available credit line.

A low, fixed interest rate saves you money.

In addition to a great low rate, your credit line lets you set up Fixed-Rate Locks for $10,000 or more, up to your available line of credit. You’ll always know exactly what your payment is and as you pay off your fixed-rate lock balance, your line of credit funds become available to use again and again.

A Home Equity Line of Credit from MCT may be the last loan you ever need!

A HELOC lets you access the equity in your home through a revolving line of credit. Simply write a check whenever you need the extra cash over the draw period. There’s no penalty for prepayment, no annual fee and no closing costs!*

Your revolving line of credit has a variable annual percentage rate (APR) indexed to the Wall Street Journal Prime Rate, with a maximum APR of 18%. You can lock in segments of your HELOC loan within your approved credit limit at a fixed rate and term up to five times during the draw period.

The right solution to meet your needs.

At Mauch Chunk Trust Company, we’ve been providing our customers with the money they need for over 117 years. Let us show you how a MCT Home Equity Line of Credit can be a smarter way to pay for the things you need—and preserve your investments.


Ready to apply? Let's get started.

Here's a list of what you'll need to apply.

Apply online for a HELOC 

View our current HELOC Rates   Apply in a Branch    Securely contact our Lending Team

Apply online or visit any of our branch locations. You can also make an appointment with our HELOC experts at our Main Office at 1111 North Street, Jim Thorpe, PA- just call us at 570-325-2265.


*MCT pays all closing costs. If you terminate your account within 36 months of opening it, you will be required to pay an Early Closure Fee consisting of (1) a $200 base fee, plus (2) any closing fees MCT paid on your behalf. APR (Annual Percentage Rate): Will be based on the Wall Street Journal Prime, as published daily. As of the date of this publication (December 4, 2019), the Wall Street Journal Prime Rate is 4.75%. Your APR may vary and rates are subject to change. Maximum APR is 18%. Requirements: Minimum loan amount is $10,000. Only for loans secured by the borrower’s primary or secondary residence (excluding investment properties) in Pennsylvania. Homeowners insurance is required. Subject to credit approval and underwriting standards of Mauch Chunk Trust Company.

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Mauch Chunk Trust Company

Mauch Chunk Trust Company was incorporated August 25, 1902 as the successor institution to the Second National Bank of Mauch Chunk, established in 1864. We remain a locally owned and managed independent community bank. While many banks of our type have merged or simply disappeared, our ability to change with the times has allowed us to grow and prosper for over 117 years. Read more about our history here.

We have 7 community banking offices & 1 Trust/Investment office located in Carbon & Schuylkill Counties, Pennsylvania in the following communities: Jim Thorpe, Albrightsville, Lehighton, Nesquehoning & Tamaqua (Hometown, West Penn).

We are the "Neighbors you know, bankers you trust." Voted as the favorite Bank & Favorite Mortgage Company in the Times News 2019 Readers' Choice contest.