We’ll lend you money on your home for almost anything you want:
- Home repairs
- Home improvements
- Major purchases (even autos)
- Debt consolidation
Two Types of Home Equity Loans:
FIXED-RATE HOME EQUITY LOAN
Borrow a specific amount of money against the equity in your home. You get all the loan up-front. Your rate stays the same even if the prime rate goes up.
VARIABLE RATE HOME EQUITY LINE OF CREDIT
Line of credit you can use whenever you need it, up to your credit limit. To access your line of credit, you simply write a check.