Motor Vehicle Loan

Get that new or previously owned car or motorcycle with our great financing options.

Ready to apply? Questions?

Visit a Branch

Call us at 1.888.i bank mb  (1.888.422.6562) or contact us.

Benefits

  • Fixed rate for the term of the loan
  • Personalized MB service

Loan Details

  • A one-time $50 processing fee charged at loan closing
  • The vehicle needs to be 6 years old or less to qualify
  • The minimum loan amount is $2,500
  • There is a 100,000 mile maximum for cars
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Auto Secured Loan

The following rates are effective as of April 4, 2014. Rates are subject to change without notice and may vary depending on credit qualifications.

Year Term Interest Rate Current Annual Percentage Rate (APR)* Estimated payments*
New - 95% of total purchase price (excluding extended warranty)
2014/2013 12 - 60 months or less 6.00% 6.21% 60 months / $193.34
Used - 80% of total purchase price not exceeding average NADA book finance value
2012 12 - 60 months or less 6.00% 6.21% 60 months / $193.34
2011 12 - 60 months or less 6.00% 6.21% 60 months / $193.34

* Based on $10,000 loan amount for the given term and a $50.00 processing fee. Minimum loan amount $2,500.00

The Annual Percentage Rates (APRs) reflect a financed $50 processing fee included in each loan. For new vehicle loans (2014/2013 cars, trucks, or vans) MB Financial Bank will finance up to 95% of the total purchase price (excluding any extended warranty). For used autos (2012/2011 cars, trucks, vans) MB Financial Bank will finance up to 80% of total purchase price not exceeding average NADA Book finance value, minimum loan amount is $2,500 (see above). APR is based on a financed $50 processing fee.

Motorcycle Secured Loan

The following rates are effective as of April 4, 2014. Rates are subject to change without notice and may vary depending on credit qualifications.

Year Term Interest Rate Current Annual Percentage Rate (APR)** Estimated payments**
New - 95% of total purchase price (excluding extended warranty)
2014/2013 12 - 60 months 7.25% 7.47% 60 months / $199.21
Used - 80% of total purchase price not exceeding average NADA loan value
2011/2012 12 - 60 months 7.25% 7.47% 60 months / $199.21

** Based on $10,000 loan amount for the given term and a $50.00 processing fee. Minimum loan amount $2,500.00

The Annual Percentage Rates (APRs) reflect a financed $50 processing fee included in each loan. For new motorcycle loans (2014/2013) MB Financial Bank will finance up to 95% of the total purchase price (excluding any extended warranty). For used motorcycles (2011/2012 cars, trucks, vans) MB Financial Bank will finance up to 80% of total purchase price not exceeding NADA loan value. Minimum loan amount is $2,500 (see above). APR is based on a financed $50 processing fee.

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This product could be right for you if

You’re ready to purchase a car or motorcycle and need a great financing option.

Apply in person

Stop by one of our convenient banking centers located throughout Chicagoland and we’ll be happy to help you open your new MB account.

Please have the following information with you:

  • Exact make and model of vehicles
  • Mileage for vehicles
  • Copy of insurance card or agreement to provide comprehensive/collision insurance with loss payable clause in favor of the bank
  • Valid identification is required at closing

Apply by phone

Give us a call at 1.888.i bank mb (1.888.422.6562) and we’ll walk you through the application process.

Speed up the application process

Make the application process even faster and easier when you give us your insurance information in advance.

Complete MB Insurance Submission Form

What's next?

Visit a BranchQuestions?

Call us at 1.888.i bank mb (1.888.422.6562) or contact us.

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