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M&T Bank loans

An institutional lender offering personal, auto, home and business loans in nine states.


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M&T Bank
When you’re ready to apply for personal financing, a mortgage or a business loan, you want to know that you’ve chosen a provider, repayment terms and loan size that fits your specific needs.

M&T Bank is just one lender offering a selection of borrowing options to fund what life throws your way.

What types of loans does M&T Bank offer?

M&T Bank offers a wide selection of loan types, each with competitive terms and rates.

Personal loans

  • Rates. 6.24%–11.24% APR
  • Terms.
  • Loan type. Secured, unsecured
  • Minimum loan. $2,000
  • Maximum loan. $25,000 for unsecured loans, $50,000 for secured loans

Read review

Boat and recreational vehicle loans

  • Terms.
    • Snowmobile, jet ski, and ATV. Up to 36 months
    • Motorcycle. Up to 72 months
    • Boat. Up to 240 months
    • RV. Up to 240 months
  • Minimum loan. $2,000

Student loans

  • Rates. Fixed, variable
  • Terms. Up to 15 years
  • Minimum loan. $1,000
  • Maximum loan. 100% of the school-certified cost of attendance

Read review

Auto loans

  • Rates. 3.39%–8.24% APR
  • Terms.
  • Minimum loan. $2,000

Read review

Business loans

  • Rates. Fixed, adjustable
  • Terms. Up to 10 years
  • Uses. Financing, equipment financing, renovations and business expansion
  • Minimum loan. $10,000
  • Maximum loan. $100,000

Read review

Home loans

  • Rates. Fixed, adjustable
  • Uses. Home purchase, refinancing and home equity
  • Fixed-rate terms. 15–30 years

How could borrowing from M&T Bank benefit me?

  • Comprehensive selection. Choose from personal loans, business loans and home loans. No matter what type of financing you’re in the market for, you’re likely to find a suitable loan product with M&T Bank.
  • Member discounts. If you hold a savings account or certificate of deposit with M&T Bank, you can take out a secured loan and put your account up as collateral — and earn up to 0.50% off your APR.
  • Swift access to funds. Apply for a loan through M&T Bank online, and you could see approval within 24 hours.

How much does it cost to borrow with M&T Bank?

The APR and terms you’re ultimately approved for depend on the type of loan you’re interested in and your overall creditworthiness, among other factors.

M&T Bank doesn’t provide a loan fee schedule on its website for potential borrowers, but be on the lookout for origination fees, prepayment penalties and late fees.

M&T Bank’s unsecured personal loan comes with an interest rate of 8.49% to 11.24% APR. A secured loan will likely yield a lower interest rate after factoring in the bank’s relationship discount, but starting APRs aren’t provided online.

Is it safe to take out a loan through M&T Bank loans?

Yes. M&T Bank is a well-established institution with proven quarterly profits since 1976. During the financial crisis of 2008, M&T Bank was the only lender in the S&P 500 Index that didn’t lower its index.

M&T details on its site the many security measures it’s adopted to keep borrowers safe.

For customer support, contact or 1-800-724-2440 seven days a week. Or visit a local branch for in-person help.

How to apply for a loan with M&T Bank

Submit your online application to M&T Bank. If you prequalify for a loan, an M&T Bank loan officer will contact you to confirm your information.

Required documentation

  • Social Security number
  • Valid email address
  • Income and employment information
  • Available assets and liabilities
  • M&T certificate of deposit or savings account details, if applicable

Pros and cons


  • Fast turnaround. Many loans are approved in 24 hours.
  • Customer discounts. Shave up to 0.50% off your secured loan’s APR just by holding an account.
  • Comprehensive lending. Choose from personal, auto and home loans.


  • Limited services. M&T services Connecticut, Delaware, DC, Maryland, New Jersey, New York, Pennsylvania, Virginia and West Virginia only.
  • Site lacks fees. Borrowers will need to apply to see potential fees.
  • Not the best rates. Depending on your needs, you might find lower rates elsewhere.

Compare more loan providers

Data indicated here is updated regularly
Name Product Filter Values APR Min. Credit Score Max. Loan Amount
Credible personal loans
4.99% to 35.99%
Fair to excellent credit
Get personalized rates in minutes and then choose an offer from a selection of top online lenders.
Monevo personal loans
3.49% to 35.99%
Quickly compare multiple online lenders with competitive rates depending on your credit.
Fiona personal loans
4.99% to 35.99%
Get loan offers from multiple lenders at once without affecting your credit score.
LendingTree personal loans
Starting from 2.49%
Good to excellent credit
Receive up to five loan offers in just minutes through LendingTree's simple online form.
SoFi personal loans
5.99% to 18.28%
A highly-rated lender with competitive rates, high loan amounts and no fees.

Compare up to 4 providers

Data indicated here is updated regularly
Name Product Filter Values Minimum credit score APR Loan term Requirements
No minimum credit score
3.9% to 27.9%
18+ years old, annual income of $4,000+, no active bankruptcies
Get pre-qualified for used car financing and receive competitive, personalized rates. Car Loans
Varies by network lender
Varies by lender
Must be a US citizen with a current US address and employed full-time or have guaranteed fixed income.
Apply with a simple online application to get paired with a local auto lender. No credit and bad credit accepted.
CarsDirect auto loans
Varies by network lender
Varies by network lender
Must provide proof of income, proof of residence, and proof of insurance.
Save time and effort with this lending service specializing in beginner-friendly or subprime car loan.
Auto Credit Express Car Loans
Must be employed full-time or have guaranteed fixed income of at least $1,500/month and be a current resident of the US or Canada.
Get connected with an auto lender near you, even if you have bad credit.
Monevo Auto Loans
3.99% to 35.99%
3 months to 12 years
Credit score of 500+, legal US resident and ages 18+.
Quickly compare multiple online lenders with competitive rates depending on your credit.
LightStream Auto Loans
Good to excellent credit
2 to 7 years
Good or excellent credit, enough income or assets to afford a new loan, US citizen or permanent resident, 18+ years old
Quick car loans from $5,000 to $100,000 with competitive rates for borrowers with strong credit.
Good to excellent credit
Starting at 3.09%
Varies by lender
18+ years old, good to excellent credit, US citizen
Compare multiple financing options for auto refinance, new car purchase, used car purchase and lease buy out.

Compare up to 4 providers

Data indicated here is updated regularly
Name Product Filter Values Loan amount APR Requirements
First Down Funding business loans
$5,000 – $300,000
Fee Based
At least 1 year in business, an annual revenue of $100,000+, and a minimum credit score of 400
Alternative financing up to $300K with highly competitive rates.
Lendio business loans
$500 – $5,000,000
Starting at 6%
Operate business in US or Canada, have a business bank account, 560+ personal credit score
Submit one simple application to potentially get offers from a network of over 300 legit business lenders.
ROK Financial business loans
$10,000 – $5,000,000
Starting at 6%
Eligibility criteria 3+ months in business, $15,000+ in monthly gross sales or $180,000+ in annual sales
A connection service for all types of businesses — even startups.
OnDeck small business loans
$5,000 – $250,000
As low as 9.99%
600+ personal credit score, 1 year in business, $100,000+ annual revenue
A leading online business lender offering flexible financing at competitive fixed rates.
Rapid Finance small business loans
$5,000 – $1,000,000
Fee based
Steady flow of credit card sales, bad credit OK
Fundbox business loans
$1,000 – $100,000
You must have an established business.
Get flat rate, short-term financing based on the financial health of your business, not your credit score.
Kickpay e-commerce business loans
$20,000 – $1,000,000
Not applicable
At least $250,000 in the past 12 months of revenue, e-commerce business, use a 3rd party fulfillment center for storing and shipping inventory, at least one US location.
Get a loan for your e-commerce business based on your sales history.
LendingClub business loans
$5,000 – $500,000
12.15% to 29.97%
12+ months in business, $50,000+ in annual sales, no bankruptcies or tax liens, at least 20% ownership of the business, fair personal credit score or better
With loan terms that vary from 12 to 60 months, enjoy fixed monthly payments and no prepayment penalties through this award-winning lender.
Monevo business loans
$500 – $100,000
3.99% to 35.99%
Credit score of 500+, legal US resident and ages 18+.
Use this connection service to get paired with a loan you can use for business.

Compare up to 4 providers

Bottom line

M&T Bank is a trusted and well-established institution with a varied selection of loan types and term lengths. If you live in one of the states it services, you may find a financing option that fits your needs. But ask about fees and possible prepayment penalties — M&T Bank is one of the few banks that doesn’t provide these details online.

Before you sign any loan contract, explore your full borrowing options to find the best rates and terms you’re eligible for.

Frequently asked questions about M&T Bank

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