Personal Banking

Loans and Credit Lines | Home Equity Loans

Home Equity Loans

ACCESSbank home equity loans provide you with easy access to the equity you've built in your home to help finance home improvement projects, consolidate debt, purchase household goods, student education, or any other need life throws your way. The interest you pay on this type of loan may be tax deductible (consult your tax advisor). The interest rate on a home equity loan is fixed, eliminating the risk of a changing rate environment. The rate is determined on the amount of available equity in your home as well as the term of the note. Payments can be taken out each month automatically from your checking.

Home Equity Line of Credit*

A home equity line of credit gives you flexibility with your current and future borrowing needs. You can access funds as you need them and pay interest only on the amount in use. You can draw funds up to the approved amount at any time. With great rates and convenient low monthly payments this product gives you the flexibility your family needs.

Features and Benefits of Home Equity Loans and Lines of Credit:

• Get up to 100% of the available equity in your home
• NO CLOSING COSTS (excluding appraisal or internal evaluation)
• Take advantage of low competitive interest rates
• Monthly interest payments may be tax deductible (consult your Tax Advisor)
• Local, knowledgeable decision makers and servicing experts are here to help you
• Easy access to funds

 

 *Rate can increase after the account is opened.