Loan Rates

Current Rates

The mortgage options below represent our primary loan programs. Other programs may be available depending on your individual financial situation and credit score. You may also contact the Monroe Bank & Trust Customer Service Center at 800-321-0032 for more detailed information.

Every effort has been made to present current and accurate loan rates, conditions and qualifying information.  However, rates and accompanying data shown on the website are provided for information only, and do not constitute a guarantee of availability and are not a solicitation for purchase.  It is the reader’s responsibility to confirm and verify all rates and loan conditions with an appropriate Monroe Bank & Trust loan officer.

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Type Rate APR Points
5/1 ARM (Caps 2/5) 4.625% 5.150% 0.000%
Term Rate APR Points
15 Year Fixed 5.000% 5.262% 0.000%
30 Year Fixed 5.000% 5.152% 0.000%

Please contact our Customer Service Center at 800-321-0032 for terms and rates.

Product Loan to Value Best Rate APR Points
Line of Credit 85% LTV Prime 5.25% 0.000%
Product Loan to Value Term Best Rate APR
6/1 ARM Home Equity Loan 80% LTV Up to 240 Month Note 5.250% 5.484%
10/1 ARM Home Equity Loan 80% LTV Up to 240 Month Note 6.000% 6.059%
Note: Higher loan to value options are available. You could borrow up to 85% of the equity in your home! Contact a lender for further details.
Model Year Term Best Rate APR
2018 & 2019 72 Months 4.490% 4.860%
2018 & 2019 60 Months 3.990% 4.400%
2016 & 2017 60 Months 4.590% 5.370%
2014 & 2015 48 Months 4.990% 5.950%
2013 & Older 42 Months 5.990% 7.090%
Term Best Rate APR
Up to 36 months 6.240% 6.920%
37 - 60 months 6.740% 7.210%
Rate 2% above your Savings or CD rate
Term Best Rate APR
Minimum Rate 3.000% 3.750%

Please contact our Customer Service Center at 800-321-0032 for terms and rates.

Product Term Best Rate APR
6/1 ARM Vacant Land Up to 72/180 6.500% 6.704%
Amount Financed Term Best Rate APR
$2,000 - $14,999.99 Up to 60 Months 5.990% 6.560%
$15,000 - $29,999.99 84 Months 5.990% 6.260%
$30,000 - $49,999.99 120 Months 6.290% 6.460%
$50,000 & Above 180 Months 6.490% 6.640%
Amount Financed Term Best Rate APR
$5,000 - $100,000 Secured by a CD: Up to 60 Months 3.000% 3.040%
$5,000 - $100,000 Secured by a Wealth Planning and Advisory or Savings Account: No maturity date. 5.500% 5.576%