Home Equity Options

• Consolidate debt
• Make home improvements
• Pay for college 

Home Equity Loan

Best if you need: A one-time loan for a specific amount that you receive in one lump sum.
Interest type: Fixed-rate that never changes.
Repayment: Fixed monthly payments based on the amount borrowed and the interest rate for the life of the loan.

Home Equity Line of Credit

Best if you need: Access to a revolving line of credit with the flexibility to meet needs as they arise.
Interest type: Variable rate tied to the Prime Rate.
Repayment: Variable monthly payment based on the amount you currently have outstanding and the current Prime Rate. Remember -as you pay down your line of credit, funds become available for reuse.

Express Mortgage

Best if you need: To lock in a fixed rate. Available with a variety of terms, including 5, 10, 15, or 20 years; quick, easy application with no closing costs.
Interest type: This refinancing option offers a low, fixed rate.
Repayment: Fixed monthly payment based on the amount borrowed and the interest rate for the life of the loan.

Tapping the equity in your home may be a good way to get the funds you need, and they are often available at low-interest, tax-deductible rates.*

To apply for a convenient Home Equity or Express Mortgage visit your local branch or call 800.222.2299 and apply right over the phone within 15 minutes.

*Tax deductibility: Interest on any portion of the credit that is greater than fair market value of the house is not tax-deductible. You should consult a tax advisor regarding the deductibility of interest and charges.