Home Equity Loan
A home equity loan is like a second mortgage, and allows you to use your home as collateral to finance major expenses, such as home repairs, medical bills and college tuition. The payment never changes and is a shorter term than a first mortgage.
Simplified, Flexible Lending:
- No closing costs, annual fee or prepayment penalties
- Better, lower interest rates
- Flexible payment options & online banking
- Up to 80% of your home value available