Home Equity Loans
Whether it's mowing your lawn or shoveling snow, you've put a lot of energy into your house. Don't let it be a one-way relationship. Your house can pay you back!
Use the equity in your home for a low-rate loan to use for any purpose. Pay for college, consolidate debt, remodel your kitchen, or may we suggest buying a boat and skipping out on some yard duties.
- Summary
- Low, competitive rates
- Interest may be tax deductible*
- No closing costs**
- Amount based on equity in home
- Up to 90% loan-to-value ratio
- Local decision-making
- Fast closing time
- Use funds for any purpose
- Home equity line of credit (HELOC) available
- Open credit line instead of lump sum term loan
- Only pay interest on what you use
- Re-use as needed without re-applying
*Consult a tax advisor.
**Appraisal may be required.
