| Personal
Banking > Loans
We make it easy for you to get the extra money you need! Whether
you are buying a car, paying off high interest debt, or need
some extra cash for a special purchase, we offer a variety
of loans designed specifically to fit your purpose. With excellent
rates and fast, local decision-making, our consumer loans provide
the answer to your financing needs.
Mortgage Financing - Click
here
Home Equity Financing - Click
here
Personal Loans
Our affordable, fixed-rate personal loans are an ideal way
to consolidate bills or fund purchases. We offer unsecured
personal loans with convenient repayment terms at competitive
rates.
24 months |
11.25% |
$46.72 |
36 months |
11.50% |
$32.98 |
48 months |
12.00% |
$26.33 |
| Loan Amounts available from
$1,500 - $25,000 |
Secured Loans
The same competitive rates and fast, friendly service apply
to our secured loans for boats, motorcycles, and recreational
vehicles.
24 months |
11.50% |
$46.84 |
36 months
|
11.50%
|
$32.98
|
48 months
|
12.00%
|
$26.33
|
| Loan Amounts available from
$1,500 - $25,000 |
| Maximum Loan to Value -
80% |
Overdraft Protection Overdraft protection is available through READY-LINE© Credit,
our preauthorized line of credit for checking account customers.
READY-LINE Credit costs nothing until you use it. Once you
have accessed your READY-LINE Credit, you will be charged interest
only on the amount transferred from the credit line.
Personal
|
$300 - $1,000
|
18.00%
|
Commercial
|
$1,000 - $5,000
|
18.00%
|
Automobile Loans
Are you in the market for a new or used car? We have loans
with low down payment requirements and affordable repayment
terms for the purchase of new and used vehicles.
| Loan Amounts |
Min:
Max: |
$1,500
$50,000 |
Min:
Max: |
$1,500
$35,000 |
Min:
Max: |
$1,500
$35,000 |
| Loan to Value |
95% |
90% of
purchase price
or
NADA value |
90% of
purchase price
or
NADA value |
| 24 mo |
5.70% |
$44.19 |
5.95% |
$44.30 |
6.45% |
$44.52 |
| 36 mo |
5.70% |
$30.29 |
5.95% |
$30.40 |
6.45% |
$30.63 |
| 48 mo |
5.70% |
$23.35 |
5.95% |
$23.46 |
6.45% |
$23.69 |
| 60 mo |
5.70% |
$19.19 |
6.20% |
$19.43 |
-- |
-- |
| 72 mo |
6.70% |
$16.91 |
-- |
-- |
-- |
-- |
NOTE: Loans available for 2003 & 2004 models. Maximum term is 36 months. Please call to speak to a representative for further details.
Automobile
loan rates shown require automatic payment from a Mayflower
checking
account. Coupon payments are available for an additional rate of .25%.
APR = Annual Percentage Rate
^ Top of page |
Equal
Housing Lender