Home Equity Loans
A Home Equity Loan is a great option for borrowing money at a lower rate to help fund other needs.
Do you have equity in your home?
If you owe less than the value of your home, you have equity! For example, if your home is worth $200,000 and you owe $150,000, you have $50,000 in equity.
What can I do with the funds from Home Equity Loan?
Home equity loans are great for larger expenses that might require a lump sum of money, such as paying for college tuition or remodeling your home. A Home Equity Loan can also be a good option for consolidating debt and paying bills.
What are the benefits of a Home Equity Loan?
Home Equity Loan rates are typically lower and more competitive compared to alternative loan types. Plus, in certain cases, the interest can be tax deductible. Talk with your tax advisor to see if this applies to you.
Interested in a Home Equity Loan?
Talk to our team! We’ll help you weigh the pros and cons and make sure it’s a good fit for your needs.
Stop by any branch or call to get started!