Why get a mortgage with Mechanics Bank?



Your home is the centerpiece for the most important relationships in your life, so why not work with the bank that has made personal and lasting relationships a priority for more than 110 years.



  • No cost pre-approvals
  • Online or in-person applications
  • Your own dedicated Mortgage Loan Officer every step of the process
  • A convenient and secure digital portal to help reduce paperwork, and expedite the process


Simple Solutions

A wide variety of home loan possibilities for most types of borrowers and properties.

  • Cash-out refinancing
  • Build equity faster with a shorter term
  • Lower your monthly payment with a lower interest rate refinance
  • Build your investment portfolio

Types of home loans we offer:

Interest-Only Mortgages

  • Pay only interest on the loan
    amount for a fixed period of
    time, then convert to principal
    and interest
  • Ideal to keep payment low if
    you only plan to stay in the
    home for a short period of time

HomeReady Mortgages

  • For home buyers who can't
    afford to make a large
    down payment
  • Expanded eligibility for financing
    homes in low-income communities

Reverse Mortgages

  • For senior homeowners with
    equity in their homes
  • No monthly mortgage payments

Out-of-State Mortgages

  • For homes outside of
    the Bank's territory
  • Financing and guidance to
    address special requirements

Fixed-Rate Mortgages

  • A fixed interest rate for the life
    of your loan
  • Predictable monthly payments

Adjustable-Rate Mortgages (ARM)

  • Lower interest rates in the early years
    of your loan
  • Interest rates and payments may increase
    over the life of your loan

Jumbo Home Loans

  • Larger loan amounts for
    high-priced housing markets
  • Competitive interest rates


Veterans Affairs (VA) Loans

  • For current or former members
    of the U.S. Armed services and
    surviving spouses
  • Lower down payments and typically
    easier credit qualification

Federal Housing Administration
(FHA) Loans

  • Lower down payments and typically
    easier credit qualification
  • Fixed-rate and adjustable-rate options

U.S. Department of Agriculture (USDA)
Rural Development Loans

  • For homes in specific
    rural or suburban-zoned areas
  • Typically requires no down payment

Access to State Sponsored
Financial Assistance

  • Help in exploring incentives,
    or other down payment and
    home buying assistance programs

Specialty Mortgages and
Investment Property Loans

  • Custom solutions for your personal
    or investment needs on single-family
    residential properties (1-4 units)
  • 1031 Exchanges
  • Portfolios to single properties