Home equity


Put your home to work for you

Home Equities

Put Your Home to Work for You!

A home equity loan or line of credit can help make life easier! Consolidate higher-rate loans or credit cards, improve your home, take a vacation or send a child off to college. With rates at their lowest in years, now is the perfect time to put your home’s equity to work for you!

Our Home Equity Loan Options Offer:

  • Borrowing up to 90% of your home’s value
  • Competitive variable rate financing for up to 15 years
  • Fixed rate financing for up to 15 years
  • Minimal closing costs
  • Easy application process

Which Option is Right for You?

Home Equity Line of Credit

A revolving line of credit that works like a credit card. Easily use the funds by writing checks on your Line of Credit account or transferring funds to your checking account. As you make payments to the loan, you can use the credit again and again. Write a check whenever you want for as much as you want up to your available credit. As your balance decreases you can use your credit again and again. For example, you have a $25,000 line of credit and borrow $10,000. Several months later you pay back $5,000. You now have $20,000 you can borrow.

Home Equity Loan

Based on the equity available in your home, choose a fixed loan amount and a fixed payment amount. If you are borrowing for a one-time purchase – a large remodeling project or to purchase a car – and want to have a fixed loan option, a home equity loan may be the best loan option for you. Unlike a home equity line of credit, once you repay a Home Equity Loan, the funds are no longer available to borrow against.