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Home Equity Loans (check our rates)

Whether you need money for a home remodeling project, paying off credit card balances, to buy a car, for a wedding, or that once in lifetime special family vacation, a Mansfield Bank Home Equity Loan may be just what you need. Our home equity loans can easily fit into your spending plan because the rate and monthly payment is fixed and terms are available from 5 to 20 years. Additional terms follow:*
• Low closing costs (usually just the recording fee of $176.00).
• Make additional principal payments whenever you choose.
• Interest may be tax deductible (Consult your Tax Advisor).
• Loans available up to $100,000.
• Borrow up to 70% of the tax assessed value of your home or, up to 80% of the appraised value (subject to credit approval).
• Discounted Rate for automatic payment.

For more information about Home Equity Loans please contact:
Chris Milne or Dave Tetreault

*1-4 family owner-occupied primary residence properties only. Mobile homes are not eligible. Rates are subject to change without notice. Not available for homes currently for sale or intended to be sold within 12 months of closing. Property insurance required. Appraisal Fees ranging from $275 to $475 apply, if appraisal is required, Trust review fees ranging from $85 to $175 apply for properties held in trust. Penalty for early termination. Other terms and conditions may apply.

Home Equity Loan Rates

Fixed Rate

Adjustable Rate

First Time Homebuyer

Residential Construction

Home Equity Lines

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