Loans

Picture of a new kitchen and a new car

 

 

 

 

 

 

 

If you’re looking for a personal loan, you’ve come to the right place. Union Community Bank offers consumer and personal loans for any need, including:

Home Equity Line of Credit

Home Equity Term Loan

Personal & Auto Loans

Home Mortgages

Click any link to learn more about our personal loan services or compare our personal loan options using the chart below.

 Home MortgageHome Equity Term LoanHome Equity Line of Credit
BenefitsThe safety and security of a fixed rate, term, and monthly payment amountThe safety and security of a fixed rate, term, and monthly payment amountA flexible revolving line that allows access to funds whenever you need them at a low variable rate
Recommended useNew home purchase or refinance of existing mortgageImmediate borrowing needs like debt consolidation, major purchase, or home remodelLong term access to credit funds for debt consolidation, college tuition, on-going home improvement or unplanned expenses
Interest RateFixed RateFixed RateVariable Rate
Tax deductable interestYes – consult your tax advisorYes – consult your tax advisorYes – consult your tax advisor
FeesAmong the lowest fees in Lancaster County$250 processing fee waived*$250 processing fee waived*
Terms10 to 30 year terms available12 to 240 monthly payment terms availableDraw and pay on the line as needed
RepaymentFixed monthly payments for the term of the loanFixed monthly payments for the term of the loanInterest billed monthly, pay down principle at your own pace
Easy AccessMeet face to face at a branch, your home, a Realtors office, or over the phoneView account information and make payments with online banking, by phone or in the branchAccess funds, view account information, and make payments with online banking, by phone or in the branch
Other optionsSpecial programs for first time home buyers and low down payment programs through VA, FHA, PHFA and USDA

*Excluding appraisal fees if required.