Home Equity Loans
If You Are Dreaming Big, Tap Into Your Home's Equity
When the right opportunity comes along, you should be able to take advantage. Our home equity options are a great way to fund all of your planned and unexpected expenses. We offer competitive rates and local decision-making so you can get an approval quickly. Let us help put your home equity to work for you, from home improvement projects to paying for college.
WHAT'S THE DIFFERENCE BETWEEN A HOME EQUITY LOAN
AND A HOME EQUITY LINE OF CREDIT?
With a Home Equity Loan, you borrow the sum of money upfront and make a fixed payment. With a home equity line of credit (HELOC), you borrow the money as you need it. A HELOC works similarly to a credit card, as it is a revolving line of credit. A home equity loan will charge interest at a fixed rate. A HELOC will charge interest at an adjustable-rate that can change at the beginning of each month. We notify our clients each time the rate changes.
*All loans subject to credit approval.