Personal loans can be secured or unsecured and they are a good way to get financial aid when you need urgent cash. The best thing about a personal loan is that you are free to use the loan amount in a number of ways. Whether you need funds to complete a home remodeling project, consolidate debts, make major purchase, or plan a vacation, a low rate personal loan from FirstMerit Bank is all you need to meet your financial goals.
FirstMerit Bank is a principal affiliate of FirstMerit Corporation, a diversified financial services company based in Akron, Ohio. As of March 31, 2015, the company has assets of about $25.1 billion and it operates 384 branch offices and around 412 ATMs in Ohio, Wisconsin, Michigan, Illinois and Pennsylvania. The bank provides a full range of personal and commercial banking products and other financial services. FirstMerit also offers a variety of personal lending solutions to borrowers.
Features and Benefits of Personal Loans
A personal loan from FirstMerit Bank is a convenient borrowing option that offers affordable interest rate and predictable monthly payment. This loan can help you pay off high-interest loans, make home repair, or finance a one-time purchase. With a personal loan from the bank, you can get a number of benefits such as:
- Flexible loan terms
- Competitive interest rates
- Fast access to loan information and balance via Online Banking
- A .25% interest rate discount by allowing automatic payment from your FirstMerit deposit account
You should remember that all loans are subject to credit approval. In order to apply for a FirstMerit personal loan, you must be at least 18 years or older and reside in Ohio, Michigan, Wisconsin, western Pennsylvania or the Illinois, Chicago area. To make your loan application, visit a nearby bank branch or call 800-416-3748 to speak with a bank representative.
FirstMerit Bank Auto Loan
If you are looking to buy or refinance a used or new car, truck or SUV, FirstMerit offers auto loan that comes with a number of benefits. Get on the road with your brand new car without even touching your savings. Some advantages that you will get with an auto loan from FirstMerit are competitive interest rates and fees, flexible terms, quick online access to loan information and balance, and a .25% interest rate discount by automatically deducting your payment from a deposit account with the bank.
Home Purchase & Refinance
FirstMerit Bank can help you find the mortgage that suits your unique situation. Mortgage Loan Officers of the bank will personally sit with you and discuss your financial condition and the type of mortgage that you need. Whether you are a first time homebuyer or looking to save some money by refinancing your existing mortgage, the bank will provide you several options to help you realize your dream.
Home Equity Loan
Use your existing home’s equity to secure a fixed amount of money that you can use for a number of financial needs. This loan offers fixed rate and fixed monthly repayments. You can use your home equity loan to make home repair, consolidate debt, refinance your mortgage, or pay education expenses. Some of the benefits of getting a home equity loan from FirstMerit include:
- Flexible loan terms
- Potential tax advantages
- Competitive fixed interest rate
- Fixed monthly payments of interest and loan principal
- Loan amounts from $10,000 to $500,000 (depending on your home’s equity)
- No application fee or third party closing costs.
To apply for a home equity loan, visit your nearest branch or call 800-416-3748 and speak with a loan specialist of the bank.