Use the equity in your home to: • Remodel • Purchase a vehicle • Finance an education
Consult your tax advisor, but the interest may be tax deductible.
Home Equity Installment Loan*
Good choice for a specific purpose or one-time project Fixed term and fixed interest rate Fixed payment for life of loan
Home Equity Line of Credit* Good choice for ongoing projects or tuition Interest rate is variable Payments vary based upon the amount you borrow Similar to using a credit card, but has a lower interest rate