Introduction
It’s exciting to undertake an improvement project, but figuring out how to finance it can be less fun. Luckily, Mechanics Bank offers Home Equity Loans and Home Equity Lines of Credit that will allow you to take on any task. So even when you DIY, we’ll be there to help you along.
Home Equity Loans
Key features:
Low closing costs
Fixed interest rate
Principal and interest payable monthly
Loan repayment options of up to 12 years
Downloads:
Home Equity Lines of Credit
Key features:
Low closing costs
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
Borrow our experts’ advice.
Call or visit the most convenient banking office to discuss your financing needs.
Or email us