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LOANS
Midtown Bank offers a full spectrum of personal loans
to meet the individual needs of our clients. Your Personal
Banker will help tailor the right solution to best fit
your needs. We have the experience and flexibility to make
prompt and appropriate lending decisions.
Your success is our bottom line.
Overdraft Protection
Link your checking account to your line of credit, savings
account, or your money market account and never
worry about overdrafts again.
Personal unsecured
lines of credit
Use your unsecured line whenever you need it and for
whatever you like. Access your line of credit just
by writing a check. Or, you can link your line of
credit to your checking account for overdraft protection.
Interest does not accrue on the unused portion of your
line and any principal repayments become available
for continued use.
Real Estate secured lines
of credit
Use the equity in your home or property for debt
consolidation, purchase of a new car or boat, or
college funding while providing for a possible tax
deduction. Repayment is flexible with interest only
options and extended terms. These floating rate loans
are tied to the Wall Street Journal Prime Rate. With
a sufficient initial draw, Midtown Bank & Trust
will pay your closing costs.
Construction loans
Acquisition and development loans, construction loans,
and renovation loans are available with rates as low as prime.
Second
mortgage loans
For all types of secured borrowing needs including
use of equity to purchase second home, bridge loans,
piggy-backs, etc. These are the most common and popular
methods of financing. With favorable terms and proportional
repayment, these fixed-rate amortizing loans provide
consistency controlling your budget. Your payment
can even be automatically deducted from your checking
account.
First mortgage loans
With full mortgage banking services, we have a wide array
of mortage products. Whether you are purchasing a new
home, refinancing, remodeling, or constructing a new home,
we can tailor a loan to meet your specific needs.
| Installment & Other
Loans |
We can tailor an installment
loan to match just about any need you might have. Some
examples are:
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Margin loans on marketable securities |
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Individual stock loans on concentrated holdings
or restricted stock |
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Installment loans for all types of secured
borrowing needs including automobiles, aircraft,
yachts, antique and/or exotic automobiles. |
Business & Personal
Choose from any one of our Visa or MasterCard programs
with no annual fee, low annual percentage rate, free
common carrier insurance, and interest-free grace periods.
You'll have an instant source of buying power and more
flexibility to manage your money. Ask a bank representative
for an application today.
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