Home Equity Line of Credit 

Need money for home improvement projects or unexpected costs? Sign up for a home equity line of credit with us and it may be the last loan you ever need!

What is a Home Equity Line of Credit?

A home equity line of credit, also called a HELOC loan, is not your typical loan. A HELOC loan 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!*

*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. 

Home Equity Line of Credit Rates

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.

Ready to apply? Let's get started.

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.

Apply Now

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Mauch Chunk Trust Company

MCT was incorporated August 25, 1902 and remains today 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 115 years. Read more about our history here.

We have 7 branches & 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."