Home Equity Loans
- Competitive rates for several short-term or one-time needs:
- Major life events
- Home remodel projects
- Debt consolidation
- And more
- The existing equity in your home is used as collateral backing
- Accommodating repayment terms that work uniquely for you
- The interest paid might be tax deductible*
- Local decision-making and processing
- Helpful, customized service throughout the entire process
Home Equity Lines of Credit (HELOC)
- Competitive rates for several ongoing or seasonal needs:
- Education expenses
- Major home improvements
- Emergency reserve
- And more
- The existing equity in your home is used as collateral backing
- Accommodating repayment terms that work uniquely for you
- Funds available anytime without reapplying; apply once, then use repeatedly thereafter
- Revolving credit – as principal is repaid, more becomes available for use
- Funds easily available in-person, over the phone, or with a debit card
- The interest paid might be tax deductible*
- Set up automatic payments to be deducted from your account monthly
- Local decision-making and processing
- Helpful, customized service throughout the entire process
*Consult a tax advisor.
