Home Equity Loan
Put your home to work. Using the equity you have in your house, you can get affordable financing for home improvements, family vacations, tuition, a new vehicle, debt consolidation, or anything else you need.
Choose the flexibility of a revolving line of credit or the security of a fixed monthly payment. We offer term loans up to 15 years with a 100% maximum loan to value ratio. Or you may prefer the flexibility of a line of credit to spend when you need it. Let our advisors help you decide which is right for you.
- Summary
- Based on home's value
- Terms up to 15 years
- Up to 100% loan to value ratio
- Competitive variable rates
- Spend it as you see fit
- Various repayment terms
- Payments may be tax deductible (consult tax advisor)
- ½% rate reduction with payments auto deducted from a VacationLand checking account
A home equity loan or line of credit is ideal for:
- Debt consolidation
- A new vehicle
- Home additions and improvements
- Tuition payments
- Vacation expenses
- Any other financial need
- Line of Credit
Get increased flexibility and extra spending money at your fingertips. Just get pre-approved and the money is there when you need it to spend how you see fit.
- Based on home's value
- Easy access to funds
- Check writing privileges
- No closing costs
- Pay interest on only what you use
- Pay it off and use it again
