Katahdin Trust Company

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Consumer Loan | Home Equity | Student Loans & Parent Loans | MyDegree Student Loan
Consumer Loan
From new and used vehicles, snowmobiles, boats, ATV's, appliances, personal computer equipment, motor homes, and other personal or household purposes we can design a personal loan to fit your needs. For help in determining how much you can afford to borrow or how much your monthly payment would be click here for our financial calculator.
  • Flexible terms
  • Quick decision time
  • Free automatic transfer available
  • Free Online Banking
  • Free 24-Hour Easy Phone Banking service
  • Optional low cost Credit Life and Credit Disability Insurance available
  • Minimum loan amount $2,000
To apply for a Consumer Loan, call or stop by your local branch office.

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Home Equity
You'll find our home equity plans to be fast and flexible, with no gimmicks and great rates. You can choose the plan that's best for you, a line of credit or a fixed rate loan. For help in determining how much you can afford to borrow or how much your monthly payment would be click here for our financial calculator.

    Home Equity Line of Credit
    A line of credit that allows you to use the equity in your home for just about anything you can think of, like a dream vacation, a new pool, camper, snowmobile, car, college expenses, home improvement, and more with the convenience of flexible payments.
    • Borrow up to 90% of your existing home's appraised value, less your outstanding mortgage balance
    • Loan amounts from $10,000
    • Fast turnaround with same day closing
    • Interest paid may be tax deductible (consult your tax advisor)
    • Optional repayment methods
    • Automatic transfer available
    • Free Online Banking
    • Free 24-Hour Easy Phone Banking service
    • Optional low cost Credit Life Insurance available

    To apply for a Home Equity Line of Credit, call or stop by your local branch office.

    Home Equity Loan
    A fixed rate loan that allows you to use the equity in your home for just about anything you can think of, like a dream vacation, a new pool, camper, snowmobile, car, college expenses, home improvement, and more with a regular monthly payment.

    • Borrow up to 90% of your existing home's appraised value, less your outstanding mortgage balance
    • Loan amounts from $10,000
    • Fast turnaround with same day closing
    • Interest paid may be tax deductible (consult your tax advisor)
    • Automatic transfer available
    • Free Online Banking
    • Free 24-Hour Easy Phone Banking service
    • Optional low cost Credit Life and Credit Disability Insurance available

    To apply for a Home Equity Loan, call or stop by your local branch office.

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Student Loans & Parent Loans
These types of government guaranteed low-interest loans are designed to help students or parents pay for the cost of college or vocational education. Contact us for more information and an application form.

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MyDegree Student Loan
If college grants and federal aid don't cover the full cost of your education, the MyDegree Student Loan can help close the gap. Get up to $40,000 per academic year to fund not only tuition, but books, a new laptop, room/board, travel home, and more! Call 1-866-573-5972 or click here to learn more or apply today!

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All loans subject to credit approval



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