Many banks try to give you a traditional home equity line; we have the Total Line of Credit that gives you both the flexibility of a variable rate line of credit and the ability to convert some or all of what you've used to a fixed rate, amortizing repayment plan. In addition to offering you some of the best interest rates around, we also provide superior service to insure that you are completely satisfied.

Our home equity loans or lines can be used for a variety of purposes, may be tax deductible (consult your tax advisor) and provide a lower cost way to borrow for:

• Improving your home
• Purchasing a vehicle
• Affording a much needed vacation
• Paying off medical bills
• Funding education
• Consolidating debt
• Paying off a credit card balance while lowering your cost of borrowing

Total Line of Credit Features

• Variable Rates
• Up to 80% of property values to $1 million and/or line amounts to $500,000. Up to 75% of property values to $1 million for line amounts of $500,001 to $750,000. Maximum loan to value is 70% for property values greater than $1 million and/or lines over $750,000 

Fixed Rate Repayment Plan Option

• You may convert all or a portion of your line's outstanding balance to one or more fixed rate repayment plans - No additional applications or paperwork to be submitted-we'll prepare a few simple disclosures you need to sign and you're all set!
• Call a Personal Banker for current fixed rates

• Overdraft Protection Account—Allows you to cover the unexpected opportunity or the occasional overdraft
• Line amounts available from $500 to $5000 
• Competitive interest rate

Please download this loan application form, fill it out completely and mail, fax or drop it off at the bank.

The loan application is provided for download in PDF format. Click on the image below to download a free copy of the Adobe PDF reader.

• Flexible terms
• Quick turnaround
• Competitive rates
• New or used vehicles
• Loan to value up to 100% for new

Please call (847) 837-1110 and talk to one of our friendly Personal Bankers for more information.

While some community banks may not be known for full service mortgage lending operations, we have it all: years of experience, hundreds of loan programs and pricing options, all coupled with the client-focused service that you have come to know from us. Our mortgage professionals have weathered the ever-changing real estate market.  To compliment the basic Conventional, FHA and VA Programs, we are positioned to meet the needs of the continually evolving market demands.

Our highly skilled staff is dedicated to providing service that exceeds the expectations of the customer.  By staying abreast of technological advancements, our mortgage professionals can provide low-cost products and services to our customers.  As a result, you will find your experience with us surpasses that of any other lender you have dealt with in the past.

Loan Programs include:

• We Offer a Complete Line of Loan Programs for Every Buyer
• Pre-Qualifications Seven Days a Week
• Fixed and Adjustable Rate Mortgages
• Jumbo Loans
• FNMA and FHLMC Conventional Financing
• FHLMC, FHA & VA
• 2nd Mortgages and Home Equity Lines of Credit (HELOC)
• HECM or Home Equity Conversion Mortgages - "Reverse Mortgages" Available in Most States

Contact Us

If you are interested in a mortgage, please contact us at (847) 837-1110.  If you would like to apply online, please click here.

Residential Mortgage loans are provided by Wintrust Mortgage.  Wintrust Mortgage is a division of Barrington Bank and Trust Company N.A, NMLS # 449042,  an affiliate of  Libertyville  Bank & Trust .

At Mundelein Community Bank, our mortgage and banking professionals are here to guide you through the refinancing process and make your experience as easy as possible. Depending on your current mortgage or home equity situation, refinancing may be an attractive option.

By refinancing with Mundelein Community Bank, you may be able to:

• Lower your current rate
• Extend repayment period
• Reduce risk
• Lower your current payment

Contact Us

If you are interested in refinancing, please contact us at (847) 837-1110. If you would like to apply online, please click here. 

Mortgage refinancing is provided by Wintrust Mortgage.  Wintrust Mortgage is a division of Barrington Bank and Trust Company N.A, NMLS # 449042,  an affiliate of  Libertyville  Bank & Trust .

Don't put off your home remodeling for one more day!
With the 5-5-5 Home Improvement Loan, it is easy to finance your home makeover. Visit the bank to get started.

– Loan amount up to $5,000
– Term of up to 5 years
– 5.00% APR*
– Unsecured loan: Home value is not a determining factor in the loan decision

*See bank for details. Applicant must meet underwriting guidelines. Some restrictions may apply. Annual Percentage Rate (APR) is fixed for the full term of the loan and accurate as of 7/15/12. Typical repayment example: If you borrow $5,000 for a term of 5 years at our current APR of 5.00%, the total finance charge will be $661.60 for a total loan amount of $5,661.60. To pay off this loan requires 60 equal monthly payments of $94.36 each.

Need help paying for the unexpected?
Get the money you need with an Everyday Loan from your community bank.
We created the Everyday Loan so that when you need to cover an unexpected expense such as a car repair, a high utility bill, medical emergency, unexpected tuition costs or any other short-term financial emergency, you can.

The Everyday Loan is a fixed-rate loan with a quick approval process. Loans are available up to $2,500 and can be repaid in flexible terms up to 24 months. Plus, our rates are lower than most credit cards or other fast cash loans.

Stop by the bank today or call 847-367-6800 to learn how you can get the cash you need.

From lot financing to construction loans to end mortgages, we can help you get a very competitive interest rate. We also provide superior service to ensure that you are completely satisfied. Here is a summary of our Construction Financing programs:

Lot Financing Program

• 100% Financing Alternative—We will lend up to 100% of the purchase price of the lot if you provide collateral in addition to the lot itself. This allows you to keep your cash invested and working for you while the cost of credit is still a bargain.
• Standard Alternative—For those of you who prefer to invest your cash in the lot at the time of the closing, but who do not wish to pledge assets beyond the lot, we will lend you up to 70% of the appraised value of the lot at the time of closing. Contact a loan officer for details on unimproved property.
• Interest Rate—Your interest rate will reflect the loan structure that you choose from the two above described options. Either way, your interest rate will be very competitive. Please see the bank for rate and additional information.
• Term—We will be flexible with your loan term needs.
• Principal—We will bill you at maturity for the loan's principal. You can, however, prepay the principal without penalty, at any time.
• Contact a loan officer for further details.

Construction Financing Program

• 100% Financing Alternative—Similar to the lot financing choice, we will finance up to 100% of your new construction cost if you pledge assets in addition to the lot/home package. This allows you to keep your cash invested and working for you while the cost to borrow money is still a good deal.
• Standard Alternative—If you elect to invest your cash in the lot at the time of the closing, but do not wish to pledge assets beyond the lot, we will lend you up to 75% of the appraised completion value of the lot/home package.
• Interest Rate—Your interest rate will be driven by the financing option you choose. We assure you that our interest rates are competitive. Please see the bank for rate and additional information.
• Fees—There will be a title company lien waiver exam fee (this protects you and us from contractor liens), an appraisal fee, and customary recording costs. Other fees may apply.
• Term—We will structure your loan term to meet the timing needs of your particular project.
• Contact a loan officer for further details.

End Mortgage Loan

Your home is a significant investment. Mortgage choices are dizzying these days. We want you to feel comfortable with your home financing arrangement. Our end mortgage loan alternatives are designed to meet your individual financial situation. For more information, contact our Residential Mortgage Lender.

Please download our construction/lot loan application form fill it out completely and mail, fax or drop it off at the bank.