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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