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Equity
Use your home to get the cash you need, when you need it. You can borrow
up to 90% of the value of your home with our Home Equity credit line.
For loans of $10,000 or more, Home Equity credit line has no fees that
add to the cost of your loan.
• No application fee or closing costs
• No appraisal fee
• No recording fees
Home Equity Can Save You
Money
Interest payments on a home equity credit line may be up to 100% tax-deductible
and may actually save you money. Consult your tax advisor.
The APR on home equity loans is variable, subject to change daily,
and based on The Wall Street Journal rate. The maximum APR is 18%. There are
no application fees or other costs to open your account. If you close your loan within
three years, a $500 termination fee will be assessed. Annual maintenance fee of $50
after the first year. Please consult
your tax advisor regarding the deductibility of the interest based on
your credit line. Subject to credit approval and collateral review. Property
insurance is required.
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