Home Equity Loans are a great way to have your home investment work for you. Paying college tuition, buying a car, or consolidating bills by tapping your home equity makes life simpler and eases the strain on the pocketbook.
We have two home equity products that work for both first and second mortgages:
Line of Credit
A line of credit gives you borrowing power now and in the future. You pay interest only on the amount of funds you borrow and there is no annual fee. Interest rates are variable and are based on the Wall Street Journal prime rate. Depending upon your credit score, your monthly payment may be as low as the accrued monthly interest.
To apply or learn more about Home Equity products,
please contact Carol Goodwin at 719-539-2968.