Home Equity
Make the most of the equity in your home.
From home improvements to major purchases, you can access the funds you need by leveraging your home equity, either through a flexible line of credit or a fixed rate loan.
Home Equity Loans
A home equity loan* is useful when you know the specific amount of money you need. With a home equity loan you can borrow one lump sum against the equity in your home, paying back the loan at a designated interest rate over a fixed period of time. With a home equity loan, you’ll enjoy:
- The convenience of a fixed monthly payment and interest rate
- The opportunity to borrow up to 100% of your home’s value.
- Potential tax benefits through deducting interest paid (consult your tax advisor).
*Terms and conditions subject to change. Subject to credit approval.
Home Equity Line of Credit
Turn the equity in your home into a flexible and convenient line of credit that allows you to access money when you need it. Accessing your credit is as easy as writing a check and once you pay back your used credit, that money is available for you to use throughout the draw period without reapplying. With a home equity line of credit*, you'll enjoy:
- Easy access funds whenever you need them
- A line of credit for up to 100% of your home's value
- Potential tax benefits through deducting interest paid (consult your tax advisor).
*Terms and conditions subject to change. Subject to credit approval.
