Home Equity

• Competitive rates for several short-term or one-time needs:
  • Major life events
  • Home remodel projects
  • Debt consolidation
  • And much more
• The existing equity in your home is used as collateral backing
• Accommodating repayment terms that work uniquely for you
• The interest paid might be tax deductible¹
• Helpful, customized service throughout the process
• Attentive, friendly service from start to finish

¹Consult a tax advisor

• 4.99% APR for the first 6 months
  • Rates after the promotional period will be:¹
    • $0-99,999.99 = Prime + 1.00% (currently 9.25%)
    • $100K-249,999.99 = Prime + 0.50% (currently 8.75%)
    • $250K+ = Prime (currently 8.25%)
• No closing costs
• No application fees
• Convenient Term:
  • 10-year Draw Period
  • 20-year Repayment Period

Additional Terms and Conditions: Offer valid for owner-occupied dwellings only and subject to credit approval. Minimum loan amount of $10,000. Early closure fee of $500 if loan is closed within the first 24 months. No annual fee the first year, $75 annual fee thereafter. Property insurance is required. Flood hazard insurance may be required. Some restrictions may apply. Offer may change or be withdrawn at any time without notice. Consult a tax advisor for information regarding the deductibility of interest and charges.

¹Interest rate after first 6 months is variable based on The Wall Street Journal Prime Rate. The minimum APR will be 4.50% after the initial promotion period and can change monthly. There is no limit on the amount by which the APR can change during the term of the loan. However, under no circumstances will your APR exceed 21.000% per annum at any time during the term of the loan. 

APRs are current as of July 12, 2023.