A Home Equity Loan may be right for you if you have a large expense such as a major home improvement or you want to consolidate your debt.
- Fixed rate and monthly payment amount
- 1 to 20 year terms
- You can borrow up to 90% of the appraised value of your home, less any outstanding mortgages owed on the property
- Interest may be tax deductible, so check with a tax advisor
- Best rates for repayment by payroll deduction or automatic transfer from your checking account
- Funds disbursed in full when you get the loan
- No closing costs*