
Home Equity Loan |
Home Equity Line of Credit |
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Perfect for | When you need access to funds for a large expense, such as funding a major purchase or consolidating debt | When you need to remodel your home, consolidate debt or finance a college education |
Loan minimum | $5,000 | $5,000 |
Loan maximum | Up to 100% of appraised value | Up to 90% of appraised value |
Terms | Up to 240 months | |
Pre-payment penalty | None | Fee charged equal to closing fees if closed in the first two years |
Appraisal | May be required | May be required |
Check our Home Equity Rates and Fee Schedule for current rates and applicable fees.