Your home is one of your most valuable financing tools! If you have lived in your home several years, paid a large down payment, or increased your home's value, chances are you have lendable equity in your home. You can use the equity for home improvement projects, education, vacations, and more!
Our mortgage experts help you choose the best option for your situation.
Home Equity Loan
You can feel good about getting a home equity loan no matter what you use the money for.
> Get all your cash up front
> Enjoy a fixed interest rate for the life of the loan
> Rest easy with predictable monthly payments
> Save money with a lower interest rate than most other loans and credit cards
> Enjoy tax benefits – possibly deduct up to 100% of the interest off your taxes*
Home Equity Line of Credit
Get all the benefits of a home equity loan with the convenience and flexibility of a credit line.
> Save money with a lower interest rate than most other loans and credit cards
> Enjoy tax benefits – possibly deduct up to 100% of the interest off your taxes**
> Draw from your home equity line of credit any time you need it using convenience checks or by using iConnect Online Banking
> Pay for home improvements, debt consolidation or any large purchases and repay on flexible terms
*Please consult your tax advisor regarding deductability of interest. |
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