Home Equity
The Smart Place to Borrow. Your Place.
Get one loan for all your goals whether you want to upgrade your home or your life. This type of loan allows you to borrow against the equity in your home. The loan amount is based on the balance due on your mortgage, and your home’s current market value. You’ve put a lot into your home. Isn’t it time for your home to return the favor?
Use the calculator to determine how much equity you have in your home.
Fixed-Rate Home Equity Loans
With a home equity loan, you will receive a lump sum, and make regular monthly payments at a fixed interest rate.
- Fixed competitive rates with terms up to 15 years
- No hidden fees
- No pre-payment penalties
- Borrow a specific amount for a set time
- Add an extra layer of security with debt protection
- Loan-to-Value Ratio is up to 100%
Variable Rate HELOC
With a home equity line of credit (HELOC) you can withdraw funds as you need them and make fluctuating monthly payments at a variable interest rate.
- Borrow time and time again without having to reapply
- Ongoing access to your equity to pay for projects and expenses
- Minimum credit line amount of $5000
- A minimum advance of $500
- 10-year draw with 10 years to repay
- Loan-to-Value Ratio is up to 100%
Home Equity Loan Rates
| Term | APR* |
|---|---|
| 1-5 Years | As low as 5.99% |
| 6-10 Years | As low as 6.24% |
| 11-15 Years | As low as 6.49% |
*APR = Annual Percentage Rate
Heloc Rate
| APR* |
|---|
| As low as 8.50%** |
*APR = Annual Percentage Rate
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