As a qualified homeowner, you can capitalize on the equity you've built in your home with a home equity loan or home equity line of credit. It could be one of the smartest and simplest ways to get the money you need to do the things you want. When you're considering a home equity loan, there are many things you need to consider; how much money you need, what you need the loan for, what payment amounts can you afford, etc. Whether you want to make home improvements, refinance an existing mortgage or home equity loan, consolidate debt, or take a dream vacation, the first step is finding a loan that's right for you.

Home Equity Loan

Borrow a defined amount for a specific period of time. Your payments and your rate are fixed, so you'll have the stability of knowing what your payments are each month.

• Fixed interest rate
• Fixed Monthly Payment
• Flexible repayment terms
• $10,000 minimum loan

EquityAdvantage Line of Credit

Our EquityAdvantage home equity line of credit, is a variable rate revolving credit line. Use your line simply by writing a check to access cash as needed. Move easily between fixed and variable rates as market conditions change. Our EquityAdvantage account lets you take fixed-rate loans from your home equity line credit (if you choose). You choose the terms for each Fixed Rate Loan Option to fit your needs. In other words, you're in control! And, interest may be tax deductible, consult your tax advisor.

• Access funds by check
• No Annual Fee
• $10,000 minimum line
• Flexible payment options
• Fixed Rate Loan Option- fix all or a portion of your line

Not sure which home equity product is right for you? To learn more about the differences between home equity loans and lines, view our comparison chart, visit your local branch, or phone us at 860.425.0142. We're here to help!

Rates

Calculators