New kitchen. College tuition. Debt consolidation. How will you put your home to work?
Key Features
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Competitive Rates
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Quick Decisions
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Local Processing
Home Equity Loans
- Competitive rates for several short-term or one-time needs:
- Education expenses
- Major life events
- Home remodel projects
- Debt consolidation
- And more
- The existing equity in your home is used as collateral backing
- The interest paid might be tax deductible*
- Flexible terms tailored to fit your budget
- Quick, local decision-making and processing
- Dedicated, friendly service from start to finish
Home Equity Lines of Credit (HELOC)
- Competitive rates for several ongoing or seasonal needs:
- Education expenses
- Major life events
- Major home improvements
- Debt consolidation
- Emergency reserve
- And more
- The existing equity in your home is used as collateral backing
- Funds available at any time without applying for a separate installation
- Just write a check or transfer funds online or over the phone
- Revolving credit – as principal is repaid, more becomes available for use
- The interest paid might be tax deductible*
- Only pay interest on the part that's used**
- Flexible terms tailored to fit your budget
- Quick, local decision-making and processing
- Dedicated, friendly service from start to finish
*Consult a tax advisor.
**EquiLink's current product line offers a principal and interest repayment option and for higher net worth customers, an interest only repayment option.