Home Equity Lines of Credit and Home Equity Loans 
 
As a homeowner, you are able to borrow against a percentage of the equity that you have in your home and can be used for anything you want. 
 
Having a Home Equity Line of Credit allows you to borrow up to the maximum amount of equity that you are approved for. You can withdraw equity by simply writing a check for whatever your needs may be. Credit lines have variable interest rates that will fluctuate over the life of the loan. Once a portion of the line has been paid down, the money automatically becomes available to you again. 
 
A Home Equity Loan, also called a second mortgage, is a loan using your home as collateral. The payments are fixed to a set rate and term. Once any portion of the loan has been paid down you are not able to obtain additional money. 
 
Contact a Loan Officer to get you started and to answer any questions that you may have or apply online. 


FDIC
DISCLAIMER: This business is not responsible for and has no control over the subject matter, content, information, or graphics when viewing links attached to this website.