“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, 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.
Nationwide Mortgage Licensing System (NMLS)
- Mauch Chunk Trust Company NMLS # 417258
- Mortgage Loan Originators' NMLS Numbers
- Fixed interest rate
- Interest rate based on term and collateral
- Monthly payments can be made by coupon book or automatic debit
- Access the equity in your home
- Fixed rate home equity loans have flexible repayment terms
- Automatic debit for payment available
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
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.
No additional approvals are necessary.
No application fee. Variable annual percentage rate (APR) is indexed to the Wall Street Journal Prime Rate. Maximum APR is 18%. Interest rate is subject to change after consummation. Contingent on credit approval. Interest may be tax deductible. Consult your tax advisor.
For more information about this product, contact an MCT loan officer at 877-325-2265.