Personal Lending Solutions

You have dreams, we have money!

To achieve your goals in life, sometimes you need to borrow money. You can trust MCB to help you select the right loan to fit your monthly allotted budget. We will help educate you on a variety of interest rate options and payment terms.

All of our lending solutions can be managed online, over the phone or in person at one of our local branches.

Contact Us Check Rates

First Time Home Buyer Program available - Call for details!

 

  • USDA, FHA, and VA loans available.  All programs apply to any purchases, refinance, 2nd home, and investment properties. 
  • All programs offer the option to choose between a competitive market based fixed or variable rate. 
  • Call today for our current rates!

 

Loan Types

Purchase Mortgage Loans

Loan Maximums

85% Loan-To-Value

Escrow Accounts

May be required for payment of property taxes for all new loans and flood insurance if collateral is located in a flood zone.

Automatic Monthly Payments

A scheduled auto debit of your monthly payment from a MCB checking account will allow you to receive extra .25% discount1 on your rate!

Get Pre-Qualified

Get a prequalification at no charge.

Commitment fee will apply to all purchase mortgage loans and varies based on the loan type. Contact a lender for details.

Construction Loans

Loan Maximums

85% Loan-to-Value

Application Process

With one application, one closing fee and one fixed rate, we make the process from construction through permanent financing easy.

Prepayment Penalties

None

Automatic Monthly Payments

After construction period is over, a scheduled auto debit of your monthly payment from a MCB checking account will allow you to receive extra .25% discount1 on your rate!

Loan Approval and Servicing

Local decision making allows for quick turnaround time on loan approvals. We also strive to provide the most personalized and flexible solution for our customers.

Commitment fee will apply to all construction loans. Contact a lender for details.

Home Equity Line of Credit

Loan Maximums

Up to 89% of your home’s combined Loan-to-Value, Primary residence only

Terms

15 year draw/repayment period

Rate

Adjustable based on Prime Rate**

Minimum Line Amount

$10,000.00

Maximum Line Amount

$250,000.00

**Prime rate is based on the current published Wall Street Journal Prime rate.

Ready Reserve Loans

Collateral

None

Terms

10 year draw/repayment period

Rate

Adjustable rate based on Prime Rate** with a minimum rate of 8%

Minimum Line Amount

$1,000.00

Maximum Line Amount

$10,000.00

**Prime rate is based on the current published Wall Street Journal Prime rate.

Home Equity Loans

Loan Maximums

Up to 85% of your home’s combined Loan-to-Value

Rates

Fixed based on term selected. Contact a lender for our current rates.

Escrow Accounts

May be required for payment of property taxes for all new loans and flood insurance if collateral is located in a flood zone.

Automatic Monthly Payments

A scheduled auto debit of your monthly payment from a MCB checking account will allow you to receive extra .25% discount1 on your rate!

Personal Unsecured Loans

Collateral

None

Terms

Up to 5 years

Rate

Call for current personal unsecured rates

Minimum Line Amount

Up to $1,500.00

Maximum Line Amount

$12,000.00

1 A 0.25% discount for an automatic payment from a MCB deposit account.
All loans are subject to credit approval by the bank.
*The MCB App is free to download. Your mobile carrier may charge access fees depending upon your individual plan. Web access is needed to use the Mobile Banking App. Check with your carriers for specific fees and charges. Message and data rates may apply.
Refer to our Schedule of Account Fees for monthly services fees.

Still unsure which loan solution is right for you?

Simply give us a call or stop in. We’re happy to help guide you through your choices based on your needs. New or Used car in your future? Call and ask about Auto Loan Rates.

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