Fees: $650.00 Underwriting Fee, $65.00 Tax Service Fee, & $500.00 Draw Fee (based on 5 draws during construction term)
Add .25% without Mound City Bank deposit account
Based on a loan amount of $350,000 and end loan financing with Mound City Bank.
Total Line of Credit (TLC)
* The rate may change after the account is opened.
Floor 4.0% & Ceiling 18.0%
Auto Charge from Mound City Bank deposit account preferred. 0.25% added to the base rate with no MCB auto charge.
$25.00 Annual Fee beginning on the 1st anniversary of the note and each year thereafter.
Lock in Option: A minimum amount of $5000 may be locked at the current rate +.50%. The maximum term for a fixed rate option is 5 years. The balance of the lock can be amortized over a 10 year term but the lock must balloon in 5 years or by the line of credit maturity date, whichever comes first. A $50 fee will be assessed with each lock balance executed.
Minimum monthly payment on unlocked portions is to be $50 or interest monthly whichever is greater.
Conventional - Owner Occupied
Fees: $425 Underwriting Fee, $65 Tax Service Fee. No points or origination fees.
Based on a loan amount of $250,000.00 and 30 year amortization
Up to 30 year amortization.
Add .25% without MCB deposit account.
Rates Accurate As Of June 24, 2022
Auto New (2021 - 2022)
Personal Unsecured Loans
* Due to volatility in today's market, please call for up to date rates.
** The APR (Annual Percentage Rate) calculation is based on a $10,000.00 loan, assumes a fully amortized loan, and includes a loan administration preparation fee of $50.00.
These rates are based on an "acceptable" Risk Rating. Your rate may be higher or lower depending in part on your unique credit history.
All Rates disclosed reflect a Mound City Bank Deposit Relationship. Rates may increase if no deposit account is established.