Home Equity Loans
Unlock Your Home’s Value—Your Way
Your home is more than a place to live—it’s a powerful financial tool.* Whether you want lump-sum cash for a big expense or flexible access to funds over time, we’ve got you covered. Home Equity Loans and Home Equity Lines of Credit (HELOCs) both let you tap into your home’s value, but which one is right for you?
Home Equity Loan: One Big Payout, One Fixed Rate
Need a set amount of cash for a big-ticket expense? A Home Equity Loan gives you one lump sum with a fixed rate and predictable monthly payments—perfect for major home improvements, consolidating debt or funding life’s big milestones.
HELOC: Flexible Cash, Whenever You Need It
Want ongoing access to funds for projects, emergencies or unexpected expenses? A Home Equity Line of Credit (HELOC) works like a credit card—borrow what you need, when you need it, up to your approved limit. Only pay interest on what you use.
Make Your Home Work for You
No matter which option fits your needs, we make it fast, easy and hassle-free to tap into your home’s equity. Our experts are here to help you choose the right loan and lock in the best deal.
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Home Equity Loans
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Home Equity Lines of Credit (HELOC)
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| You should get this if | You want to make a one-time major purchase such as a home remodel, or as a way to consolidate debt. | You want to cover various expenses that span over an extended period of time such as home repairs or tuition. |
| Key Features | Fixed interest rate | Lower introductory rate |
| Annual Fee | $0 | $0 |
| Annual Percentage Rate (APR) | Varies based on term | Rate is WSJ Prime rate plus a margin based on loan parameters, and adjusts monthly with a 12% max cap rate |
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Home Equity Loans
|
|
|---|---|
| You should get this if | You want to make a one-time major purchase such as a home remodel, or as a way to consolidate debt. |
| Key Features | Fixed interest rate |
| Annual Fee | $0 |
| Annual Percentage Rate (APR) | Varies based on term |
|
Home Equity Lines of Credit (HELOC)
|
|
|---|---|
| You should get this if | You want to cover various expenses that span over an extended period of time such as home repairs or tuition. |
| Key Features | Lower introductory rate |
| Annual Fee | $0 |
| Annual Percentage Rate (APR) | Rate is WSJ Prime rate plus a margin based on loan parameters, and adjusts monthly with a 12% max cap rate |
- Attractive interest rates
- Easy application process
- No annual or application fees
- Interest on loan may be tax-deductible*