Home Equity Loan

Home Equity Loans allow you to borrow a specific amount of money against the equity in your home. They are ideal for a big scale project like a roof replacement and have fixed terms, fixed payments and cannot be extended. Borrow money you’ve already paid on your mortgage and immediately begin paying it back in addition to your mortgage payment each month.

  • Program details

    Features:

    • No closing costs or annual fee option
    • Borrow up to 80% of your home’s value
    • Select a term up to 15 years
    • Minimum loan amount $4,000

Home Equity Line of Credit

A Home Equity Line of Credit is a revolving line of credit that uses your home as collateral. Ideal for ongoing projects and allows you to access a specific credit limit as needed, over a set period of time.

  • Program details

    Features:

    • Low closing costs
    • Borrow up to 85% of your home’s value
    • Automatic payments
    • 5 or 10 year terms
    • Minimum loan amount $7,500