Home Equity Loans

What could you do with a little extra cash?

Make home improvements, finance a child's education, pay off credit card debt, take a vacation, and much more - simply by putting your home to work for you!

  • Home Equity Lines of Credit

    Revolving credit line for maximum flexibility

  • Home Equity Loans (Second Mortgages)

    Lock in a low fixed rate with this one-time purpose loan

Home Equity Line of Credit
Home Equity Loan
(Second Mortgage)
Features
Revolving line of credit available to use whenever you need
One-time lump sum, fixed rate
Good For..
College education, remodel, vacation or ongoing projects where additional funds may be needed throughout the project
One-time expenses, for a variety of projects with a fixed budget, debt consolidation
Access
Withdraw funds when you need it, just transfer funds to your checking account
One lump sum disbursed at loan opening
Need Equity
Yes
Yes
Loan To Value
Loans up to 90% of the available equity in your home
Loans up to 90% of the available equity in your home
Rates
Variable Rate
Fixed
Payments
Interest only or principal & interest
Principal & interest
Product Option
Available on owner occupied & non-owner occupied properties (restrictions apply)
Available on owner occupied & non-owner occupied properties (restrictions apply)
Tax Deductibility
Yes; consult with your tax advisor
Yes; consult with your tax advisor
Loan Application Fees
$0
$0
Annual Fees
$0
N/A
Prepayment Penalties
$0
$0