Home Equity Loans provide a lump-sum loan amount that is available at the loan's initiation and is repaid in monthly installments over the life of the loan. This loan amount is based on a set percentage of your homes appraised value, less the balance of your first mortgage, and any other mortgages and/or liens. Call – or better yet -- come in for more details.
Home Equity Loans Offer:
Home Equity Lines of Credit
A Home Equity Line of Credit is the most flexible way to utilize your home's equity. It allows you to tap into your equity, as you need it. Think of it as the ultimate credit card. You can spend by borrowing against it whenever you choose.
About Credit Lines:
Ask about the current Annual Percentage Rate (APR) and any fees that might apply.