Personal Loans and Lines of Credit
Accounts structured for your needs.
Below is a list of some Personal Loans and Lines of Credit products that we offer. For a full list of products, please click on the link at the bottom of this page to open our PDF brochure.
Momentum Premier Line of Credit:
Designed for clients needing an unsecured personal line of credit for unexpected expenses, important life events or any time ready cash is needed.
- 12 month annual review loan term
- Line of Credit from $10,000 to $100,000
- $75 annual fee
- Access options include convenience checks, online banking and Banking Center.
Momentum New Auto Loans:
When you are ready to purchase your new automobile, you want a speedy loan decision and you'll get just that at American Momentum Bank.
- 60 month maximum loan term
- $10,000 minimum Line of Credit
- No annual fee
Momentum Used Auto Loans:
Perfect for the purchase of used autos, SUV's and light duty trucks older than the current year models.
- 60 month maximum loan term. Term is determined by the total loan amount
- $10,000 minimum Line of Credit
- No annual fee
Premier Equity Line of Credit*:
With low interest rates, this product is perfect for paying off other higher interest rate debts, home improvements, college funding and emergency needs. Variable rate based on Prime Rate+, interest accrues only on the amount you actually use.
- Maximum loan term is 10 years with 15 year amortization
- $10,000 minimum Line of Credit
- No annual fee
- Secured by your primary residence or second home that consists of a 1-4 family unit. During the draw period, minimum monthly payment is interest only on outstanding balance.
- Easy access through convenience checks, online transfer or your American Momentum Banking Center
To view our full Personal Loans and Lines of Credit product brochure, please click here.
Loans subject to credit approval.
*The interest you pay on Home Equity Loans and Lines of Credit may be tax-deductible; consult your tax advisor. These loans are for new lines and new dollars only with only one Home Equity Loan or Line of Credit on primary residence. Primary residences only. Property insurance, and flood insurance, is required.
