Home Equity LoanGet the funds you need for a large expense – such as a major home improvement – or consolidate debt.Features & BenefitsOne lump sum when you get the loanFixed monthly paymentFixed monthly rateBest rate for repayment by automatic transfer from your checkingInterest charged on full loan amount Apply now Contact a loan officerRates as low as 7.50%APRAs low as 7.50% APR ?Terms up to20 yrsAvailable in terms of 5, 10, 15, or 20 yearsHome Equity Line of CreditGain flexibility with recurring expenses, including home renovations or education-related costs.Features & BenefitsUse as needed, up to approved credit limitVariable monthly paymentVariable monthly rateInterest charged only on outstanding balance Apply now Contact a loan officerIntro rate for first 12 months 6.24% APR?After that the APR can range from 8.00% to 18% APR based on the Prime Rate and other criteria.Draw & repayment periods of10 yrsComes with a 10-year draw period and 10-year repayment period. Compare Home Equity Options Attribute to CompareHome Equity LoanHome Equity Line of CreditBest for Best forLarge expenses, like a major home improvement,or you want to consolidate debt Best forRecurring expenses, such as home renovationor home improvement costsAccess to funds Access to fundsOne lump sum when you get the loan Access to fundsUse as needed, up to an approved credit limitMonthly payment Monthly paymentFixed amount Monthly paymentVariable amountClosing costs Closing costs$0 Closing costs$0Interest rate Interest rateAs low as 7.50% APR ? fixed rate Interest rateIntroductory rate of 6.24% APR? for the first 12 months and then after that, a variable rate ranging from 8.00% – 18% APR based on the Prime Rate and other criteriaInterest charged Interest chargedOn the full loan amount Interest chargedOnly on the outstanding balanceLoan amounts Loan amountsBorrow up to 90% of the appraised value of your home, less the balance of your first mortgage, from $20,000 to $100,000; up to 85% for loan amounts from $100,000 to $175,000; up to 80% for loan amounts over $175,000.? Loan amountsBorrow up to 90% of the appraised value of your home, less the balance of your first mortgage, from $20,000 to $100,000; up to 85% for loan amounts from $100,000 to $175,000; up to 80% for loan amounts over $175,000.? Terms available Terms available5, 10, 15 or 20 years Terms available10-year draw period and 10-year repayment periodHome Equity Loan Resources See More Resources Home Equity FAQsFrequently asked questions about home equity loans. Home Equity Loan or Home Equity Line of Credit: Which is Best for You?Unlock the potential in your home by getting to know your home equity options. Understand the difference between an home equity loan and a home equity line of credit, or HELOC, learn how they work, and decide which option is best for you. Home Improvements that Pay OffWhat improvements will increase your home value when selling your house? Check out our list of easy home updates that will help your home stand out when buyers tour your house.
Compare Home Equity Options Attribute to CompareHome Equity LoanHome Equity Line of CreditBest for Best forLarge expenses, like a major home improvement,or you want to consolidate debt Best forRecurring expenses, such as home renovationor home improvement costsAccess to funds Access to fundsOne lump sum when you get the loan Access to fundsUse as needed, up to an approved credit limitMonthly payment Monthly paymentFixed amount Monthly paymentVariable amountClosing costs Closing costs$0 Closing costs$0Interest rate Interest rateAs low as 7.50% APR ? fixed rate Interest rateIntroductory rate of 6.24% APR? for the first 12 months and then after that, a variable rate ranging from 8.00% – 18% APR based on the Prime Rate and other criteriaInterest charged Interest chargedOn the full loan amount Interest chargedOnly on the outstanding balanceLoan amounts Loan amountsBorrow up to 90% of the appraised value of your home, less the balance of your first mortgage, from $20,000 to $100,000; up to 85% for loan amounts from $100,000 to $175,000; up to 80% for loan amounts over $175,000.? Loan amountsBorrow up to 90% of the appraised value of your home, less the balance of your first mortgage, from $20,000 to $100,000; up to 85% for loan amounts from $100,000 to $175,000; up to 80% for loan amounts over $175,000.? Terms available Terms available5, 10, 15 or 20 years Terms available10-year draw period and 10-year repayment period
Home Equity Loan or Home Equity Line of Credit: Which is Best for You?Unlock the potential in your home by getting to know your home equity options. Understand the difference between an home equity loan and a home equity line of credit, or HELOC, learn how they work, and decide which option is best for you.
Home Improvements that Pay OffWhat improvements will increase your home value when selling your house? Check out our list of easy home updates that will help your home stand out when buyers tour your house.