Home Equity Loan

Tackle the projects you’ve been putting off.

The equity you've built up in your home could be the answer to financing your next big project.

Home Equity Loan1

If you’re looking for a one-time lump sum for a kitchen remodel or to reduce debt, a home equity loan with fixed monthly payments can help you get moving.

 

Features of a home equity loan:

  • Fixed interest rate for the life of your loan
  • No prepayment penalty
  • One-time, lump sum payout—ideal for larger expenses or purchases
  • Variety of loan terms available
  • Residential properties only
  • Interest paid may be tax deductible2

Contact your local branch to apply for more information.

 

1HELOANs allow customers the power to pay for large expenses by taking a lump sum of money now, and paying over time with a fixed-interest rate. In addition, it protects customers against payment hikes due to interest rate changes because the payment will remain fixed over the life
of the loan.

Offer not valid in TX. Property insurance is required; if the collateral is determined to be in an area having special flood hazards, flood insurance will be required as well. You must have verifiable income. Offer may be withdrawn without notice. All borrowers are subject to qualification, underwriting approval, lender terms, and conditions. Borrower must be a minimum of 18 years of age and a US citizen or permanent resident alien. This does not constitute a rate commitment. Programs available only to qualified borrowers. Rates and programs subject to change without notice.

Considerations: Fees and charges may vary by product and state. Consolidating or refinancing debt may increase the time and/or the finance charges/total loan amount required to repay debt. Important information will be provided to you in the disclosures you receive after we have received your application and the loan documents you are provided at loan closing. Please consult your tax advisor regarding the deductibility of interest.


2Please consult your tax advisor for guidance.

 

Fair Lending Statement