If you own your own home and need some cash, a Fixed Rate Home Equity Loan or Home Equity Credit Line is one of the best ways to go. You get a lower rate, you may save money on taxes and you do not pay any closing costs. Plus, you can use the money for just about anything you want. It's easy to apply.
Get the money you need — fast!
You want ready access to cash when you need it simply by writing a check. A Home Equity Credit Line may be right for you.
You want to borrow a specific amount of money and take advantage of the equity in your home. You're probably looking for a Home Equity Loan.
*Applies to single family owner-occupied homes. Rate is variable and subject to change based on the highest Prime Rate as published in the Wall Street Journal on the 15th day of each month and will not exceed 16.90%. Borrow at Prime for the life of the loan.
**Consult your tax advisor regarding deductibility of interest.
Amount of loan is subject to available equity, income and credit history. Adequate property insurance is required.