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.
Come in today to get started or apply online.
Our knowledgeable, friendly staff will be on hand to help you through every step of the process, offering high fives along the way.
Home Equity Loans
Key features:
Low closing costs
Fixed interest rate
Principal and interest payable monthly
Loan repayment options of up to 12 years
Disclosures:
* Subject to credit approval. Additional terms and conditions apply. Terms subject to change at any time without notice.
† The Secure and Fair Enforcement for Mortgage Licensing Act (SAFE Act) requires employees of federally regulated lending institutions who act as a mortgage loan originators ("MLO") to register with the Nationwide Mortgage Licensing System and Registry ("Registry"). Each Mechanics Bank MLO is registered with the Registry and has a unique identification number. If you would like to review the background of any Mechanics Bank MLO, find the MLO's unique identification number from the listing below and go to www.nmlsconsumeraccess.org to perform a search.
Downloads:
Home Equity Lines of Credit
Key features:
Low closing costs
Interest rates adjust periodically according to terms
Monthly interest only payments during 10 year draw period
Monthly principal and interest payments during 10 year repayment period
Checks are available for convenient access
Disclosures:
* Subject to credit approval. Additional terms and conditions apply. Terms subject to change at any time without notice.
† The Secure and Fair Enforcement for Mortgage Licensing Act (SAFE Act) requires employees of federally regulated lending institutions who act as a mortgage loan originators ("MLO") to register with the Nationwide Mortgage Licensing System and Registry ("Registry"). Each Mechanics Bank MLO is registered with the Registry and has a unique identification number. If you would like to review the background of any Mechanics Bank MLO, find the MLO's unique identification number from the listing below and go to www.nmlsconsumeraccess.org to perform a search.
Downloads:
Borrow our experts’ advice.
Call, email or visit the most convenient banking office to get started.
Or apply online