Home Equity Loan

You've built the equity in your home.  Now, make the most of it.

A Home Equity Loan is a fixed-rate second mortgage that gives you access to up to 90% of your combined loan to value on the equity you’ve built in your home. So if your home is worth $200,000 and you owe $120,000, you can borrow up to $60,000 on a home equity loan. It’s money you can use for just about any purpose.

Borrowing against your equity also allows you to access just the amount you need, without refinancing or affecting your current low-interest first mortgage.

We also offer Home Equity Lines of Credit if you would rather have a open credit line. 

Even better, we can often close a Home Equity Loan in just days, not weeks, helping you get the money you need when you need it. Loans are available from $50,000 up to $500,000. So take a few minutes now to find out how much you’re eligible to receive.

A Home Equity Loan can be the right choice to:

• Pay off high-interest credit card debt – at a lower interest rate
• Buy another home with the proceeds
• Make improvements – to increase the value of your home
• Pay for college – so your children get the education they deserve
• Get the cash you need for a large purchase - it’s really up to you

Facts about a Home Equity Loan:

• Loans from $50,000-$500,000
• Cash-out up to 90% combined loan to value
• Affordable monthly payments
• Fixed terms up to 30 years
• Fast closing-in just days, not weeks
• Won’t affect your low 1st mortgage rate