Home Equity Lines

 

Need some cash? Use your home's equity how and when you want! Get a line of credit secured by the equity in your home. It is an excellent plan when you simply want the money to be there in case you need it. Since this is a revolving line of credit, as you pay back what you borrow, the money is yours to use over and over again. Home Equity rates are determined by credit scores and combined Loan-to-Value ratios.

 

Control your finances

  • The interest may be tax-deductible
  • It offers a lower rate than other types of loans
  • You have continuous access to the money during the draw period

Use it for:

  • Home improvements
  • Auto purchase
  • Tuition and other major expenses
  • Paying off higher rate credit card or loan balances