Home Equity Loan

HELP FUND YOUR NEXT BIG PURCHASE

Are you dreaming of starting a new home addition, investing in a vacation home, buying a new car or consolidating debt? The equity you have built in your home can be put to work for you. A home equity loan is ideal when the specific amount of money needed for a project is known. If you were to utilize a home equity loan, you would borrow a lump sum of money against the equity you have built in your home. You would pay back the loan at a designated interest rate over a fixed period of time. The interest you pay may be tax deductible. (Please consult your tax advisor.)