Home Equity Loans

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Home equity is the portion of your home that you own. As you pay down your mortgage and your home's value increases, your equity grows.

That equity can become a valuable financial tool. You can borrow against it through a Home Equity Loan or Home Equity Line of Credit (HELOC), giving you access to funds when important expenses arise.

• Home improvements and renovations

• Debt consolidation

• Education expenses

• Vehicle purchases or repairs

• Vacations and travel

• Weddings and celebrations

• Emergency expenses

• Starting a business

A fixed term second mortgage Home Equity Loan is different than a HELOC Loan in that you must take all the money you want when you open the loan. This loan is ideal for a large project or a one-time debt consolidation.

• Lump Sum Payment
• Fixed Interest Rate
• Interest Tax Deductible*

Check Current Rates

A second mortgage Home Equity Line of Credit (HELOC) is a variable rate line of credit with continual access to funds — much like a credit card. HELOC Loans are ideal for ongoing needs or projects with multiple expenses/invoices because of the flexible credit limit. It's as easy as writing a check or transferring money right into your checking account as costs arise.

• Variable Interest Rate
• Borrow as you Need
• Interest Tax Deductible*

Check Current Rates

A HELOC gives you flexible access to funds backed by the equity you've built in your home. Rather than receiving one lump sum, you'll have access to a revolving line of credit that you can draw from as needed and repay over time.

HELOCs are ideal for ongoing projects, planned expenses, and unexpected costs because you can borrow only what you need, when you need it.

Benefits:

• Flexible Access to Funds

• Borrow Only What You Need

• Variable Interest Rate

• Interest May Be Tax Deductible*

How Much Equity Could You Access?

Not Sure Where to Start?

Our free Home Equity Guide can help you better understand your options and make an informed decision about using the equity you've built in your home.

Inside you'll learn:

• The benefits of home equity

• When to consider borrowing against your equity

• The differences between a Home Equity Loan and HELOC

• Tips for managing your loan or line of credit

Download Your Free Home Equity Guide