Using the equity in your home to pay for expenses is a great low-rate way to make the things you need affordable. From consolidating your higher rate debt to taking a dream vacation a Home Equity Loan is budget-friendly and flexible to create repayment terms that work for you.
There is no early payoff penalty and you can save money on interest by paying extra towards your principal balance any time you’d like.
Depending on how you use the funds, the interest you pay could be tax deductible. We encourage you to speak with a tax professional to see if there could be tax benefits to using a Home Equity Loan to pay for certain expenses.
Don't wait any longer, ask yourself how you could use the equity in your home!