Improving Your Greatest Asset
Thinking of updating your kitchen or bathroom? Adding a deck or replacing windows? Mascoma Bank can help with the Home Improvement Loan. Borrow up to $25,000 to improve your home, increasing its value while increasing your own comfort. It’s the perfect time to make some changes!
Home Improvement Loan features:
- Loans up to $25,000 (no down payment required).
- Your home is not used as collateral.
- Loan decisions made within 24 hours and distribution of funds often within 48 hours.
- 10 year loan with an interest rate of 9.19%*.
- Example: A $10,000 loan at 9.19% for 10 years would result in principal and interest payments of $127.70 per month.
Home Improvement Loans
| Rate | APR | Payment per $1000 Financed | Max Term | |
|---|---|---|---|---|
| Unsecured* | ||||
| Unsecured* | 9.190% | 9.654% | $12.77 | 120 |
Rates effective August 14, 2025
APR = Annual Percentage Rate
APR is based on a $5000 loan
APR includes one-time processing fee of $99.00
Rates are subject to change without notice
Home Improvements Requirements:
- Customer should have a quote/estimate, or materials price list.
- Primary residence, second homes, and 1-4 family investment properties
- Customer must meet standard underwriting guidelines.
Holiday Closures
Mascoma Bank will be closed on Saturday, May 23, 2026, and Monday, May 25, 2026, in observance of the Federal Holiday. Our digital Banking and ATM's will be available to meet your banking needs. We apologize for any inconvenience.