Home Equity Loans
Use your home to finance your future
Consider a Home Equity Loan for renovations, vacations, and even consolidating debt.
Consult a financial advisor to see if the interest on your loan is tax deductible.
Choose a Powerhouse Loan when you have big plans and know exactly how much cash you’ll need.
Mortgage includes:
- Low fixed rate for the life of the loan.
- One-time, lump-sum distribution of loan amount.
- No prepayment penalty.
- Low $100 application fee (waived if you apply online).
| powerhouse loan rates | |||
|---|---|---|---|
| Loan Type | Annual Percentage Rate | Maximum Term** | Maximum Loan-To-Value |
| Powerhouse 80 | 6.000% | 20 Years | 80% |
| Powerhouse 85 | 5.000% | 15 Years | 85% |
| Powerhouse 90 | 4.000% | 10 Years | 90% |
All rates, terms and conditions subject to change.
Rates and terms will vary based on the credit worthiness of individual applicants.
**Payment Example: A $35,000 loan at 6.00% would have 240 monthly payments of $253. Property must be owner occupied. A full appraisal may be required based on the loan amount or combined loan to value.
Unexpected expenses? Borrow against your home equity with a prime equity line of credit.
Mortgage includes:
- Competitive rates.
- Flexible terms.
- No transaction fees.
- No annual fees.
- Low $100 application fee (waived if you apply online).
| prime equity loan rates | ||||
|---|---|---|---|---|
| Loan Type | Adjustable+ Annual Percentage Rate | Max Repayment | Max Loan Amount | Draw Period |
| Prime Equity | As low as 6.25% |
25 Years | Up to 80% CLTV | First 10 Years |
All rates, terms and conditions subject to change.
Rates and terms will vary based on the credit worthiness of individual applicants.
The above Annual Percentage Rates were calculated using a loan of $35,000.
+Additional information about our Adjustable Rate Mortgage (ARM) - The APR, interest rate, and principal and interest payment are subject to increase/decrease and will change after the loan is closed due to market-driven changes to the index. The APR cannot increase more than 2% per year. The APR will never exceed 15%.
Property must be owner occupied. Hazard insurance is required on the property being used as collateral. Interest may be tax deductible, consult your tax advisor for more information. A full appraisal may be required based on the loan amount or combined loan to value.
How Much Home Can You Afford?
Use our online mortgage calculators to find a payment that you’re comfortable with, or easily compare loan options and payments with our free online Loan Consultant. Stop by our Home Loan Center today and talk with an experienced loan professional about what option best fits your needs.