You’ve worked hard to invest in your home. With a home equity line of credit or loan, you can pursue your life goals, such as home improvement projects, education and more.
Home equity line of credit benefits
Convenient
- Once you’re approved, only borrow what you need, when you need it, and make interest-only payments for the first 10 years of the loan term
- The ability to tap into your home equity without losing your current first mortgage rate.
- Easy access with checks or a HELOC Card if requested.
Cost-effective
- Interest may be tax deductible; consult your tax advisor on the deductibility of interest and charges
- Up to $500,000 line amount; loan amount determined by Combined Loan To Value
Competitive rates
Servicing Fee Schedule
Home equity loan benefits
Favorable terms
- Short and long term options available
- $5,000-$500,000 (loan amount determined by Combined Loan To Value)
Interest may be tax deductible
- Consult your tax advisor on the deductibility of interest and charges
Competitive rates plus manageable payments
- Security and predictability of a set payment for the life of your loan
- Fixed monthly payments; secured by the residence
Home Equity Loan Contact & Notices of Error
Reasons to tap into your home’s equity
1. Home improvements
Finish a basement, landscape a backyard, or upgrade your bathrooms or kitchen.
2. Debt consolidation
Pay off high-interest credit cards or consolidate debt into one affordable monthly payment.
3. Upcoming life events
Prepare for an upcoming large purchase, event or expense.
4. Job aid
Start a new business venture, or ease the stress of a job loss.
5. Mortgage insurance
Avoid or eliminate the need for mortgage insurance.
Home improvement loan
Whether you’re ready to tackle a major renovation, or just have some basic repairs you’ve been putting off, we may be able to help you with the financing you need.
- Hassle-free application process
- Manageable monthly payments
- Loans from $5,000-$25,000
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