Home equity loans or home equity line of credit
A home equity line of credit (also known as a HELOC) is
a variable
interest loan is taken in second position to your first mortgage. These
loans, due to the fact that they are inexpensive to set up are commonly
used to pay for major home repairs, medical bills or college education
or simply as a ready source of funds.
With the prime rate at historic lows, a home equity line
of credit may
be a wise decision.
Give us a call and we can give you the details on the available
programs.
Put Your Home's Equity to Good Use
• Flexible Home Equity Lines of Credit
• Low Rates and Documentation Options
• Rate and Loan Programs to meet your changing needs
• Option of fixed or adjustable rates
• Leverage your home equity to finance a business or pay
for education
• Borrow what you need and keep an available line of credit
for emergencies
• Pay interest or principal and interest - your choice
• Pay-off high interest credit card or consumer loans
Have Questions?
Call
Now 800-431-6962
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