You've put a lot into your home; thankfully, you can take something out of it too. Utilize your home equity for a favorable loan with low closing costs and flexible repayment terms, including interest only options. Proceeds may be used for any consumer purpose, such as home improvement, debt consolidation, or a car purchase. Best of all, the interest may be tax deductible.*
Details
- Use home equity loans to finance various projects
- Leave savings and emergency funds intact
- Competitive rates for a wide range of short-term or one-time expenses:
- Education expenses
- Major life events
- Home remodel projects
- And much more
- The existing equity in your home is used as collateral backing
- Accommodating repayment terms that work uniquely for you
- The interest paid may be tax deductible*
- Local decision-making and processing
- Expert lenders to guide you
- Detailed, attentive service from start to finish
HOME EQUITY LINE OF CREDIT (HELOC)
A HELOC utilizes your home's equity as collateral for a competitive-rate credit line. Once the line of credit is opened, you can make advances as you need. Unlike an amortized loan, what you don't use, you don't owe. And you only pay interest on the part that's used.
- Utilizes your home's equity to secure financing
- Competitively low rates for a wide range of seasonal or ongoing needs:
- Home improvements
- Debt consolidation
- Personal expenses
- Vacations
- Home remodeling
- Education expenses
- Medical expenses
- And more
- Accommodating terms, custom-tailored to customer's situation
- Interest paid may be tax deductible*
- Only pay interest on the part that's used
- Direct, anytime access to funds without reapplying
- Local decision-making and processing
- Expert lenders to guide you
- Detailed, attentive service from start to finish
*Consult a tax professional.