Home Equity Loans

 

Whether you're consolidating debt, taking a dream vacation, or fixing up your home, 80% of the way won't get you there. So why be satisfied with only 80% of the equity in your home for financing?

We finance up to 100% of your home's value, less what you owe. Plus, you pay little to no fees, and no closing costs except escrow and appraisal if needed. All for a fantastic rate that saves you a bundle.


The equity in your home—which is roughly the amount it's worth minus the amount you owe on it—can serve as a powerful financial tool. You can often borrow more at a lower interest rate than with other types of loans.

Home Equity Line of Credit

With our variable rate Home Equity Line of Credit, you can choose between taking a large sum all at once or accessing money as you need it. This makes it a good choice for remodeling your home, paying for college tuition, and serving as a source of emergency funds.

Home Equity Loan

This fixed rate loan provides a lump sum amount with regular monthly payments. This is a good choice for consolidating your debts, purchasing big ticket items, or taking that dream vacation.

Features of Home Equity Financing

Either kind of home equity financing offers these benefits:
  • Lower rates than with most other kinds of loans. Check current rates.
  • The interest you pay is usually tax deductible (check with your tax advisor).
  • Take up to 20 years to repay, which can keep payments affordable.
  • No origination or annual fees—you pay only "pass through" fees, if any.
  • Borrow up to 100% of your home's value, less any prior mortgages or liens. Minimum loan $10,000.
  • Our friendly, professional staff will guide you through the application process.

Callouts

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