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Benefits
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Pre-approval in just 24-hours; final approval based on real estate appraisal. Because this is secured by real estate, the rate is usually more advantageous than other types of loans. And, you can give yourself a rate discount by requesting automatic payments from your Montecito Bank & Trust checking account. Credit approval is required.
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Pre-approval in just 24-hours; final approval based on real estate appraisal. Because this is secured by real estate, the rate is usually more advantageous than other types of loans. And, you can give yourself a rate discount by requesting automatic payments from your Montecito Bank & Trust checking account. Credit approval is required.
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Access to funds
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Special check access so you can draw an amount when needed; online banking transfer or in-branch transfer request
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Approved loan amount fully dispersed at loan closing
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Maturity
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Fixed terms
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Fixed terms
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Payments
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Flexible Payment Plans
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This is an installment loan type which you repay over time with a specific number of regularly scheduled payments that cover both principal and interest.
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Annual Percentage Rate (APR)
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This is a variable APR indexed to Wall Street Journal Prime and based on the credit review process. Get a .25% rate discount with automatic payments.
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This is a fixed APR. Get a .25% rate discount with automatic payments. Rate and payments may increase upon termination of the auto debit rate.
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Fees
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Fees Apply
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Fees Apply
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Fixed Rate Advance Options
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Available
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N/A
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