Home Equity

 

Home Equity Lines of Credit

  • Minimum line amount of $5,000
  • Interest rates depend on amount of loan and collateral
  • Interest is calculated and payable monthly
  • Minimum monthly payment amount is interest only
  • Checks are available for convenient access
  • Applications are available by contacting any Mechanics Bank office or by calling our Mortgage Hotline at 419-520-3686

Home Equity Loans

  • Minimum loan amount of $2,000
  • Fixed interest rate
  • Principal and interest payable monthly
  • Loan repayment options of up to 12 years
  • Applications are available by contacting any Mechanics Bank office or by calling the Mortgage Hotline at 419-520-3686