Home Equity Loans

A Home Equity Loan is secured by either a 1st or 2nd mortgage on your primary residence. The minimum line of credit is $10,000 and the maximum is $150,000. You can borrow up to 90% of the current appraised value of your home, less any outstanding liens.

 

 

 

 

 

 

 

Home Equity Loan Property Eligibility:

  • Borrow Up to 90% of appraised value minus any existing liens
  • Minimum loan amount – $10,000
  • Maximum loan amount – $150,000
  • Rates are locked in at the time of application with a 60-Day Commitment with no extensions.
  • No Closing Costs

Rates are subject to change without notice. NMLS #585840

Link to Rates

  • Income Verification: Bring your two most recent paystubs, W-2’s, social security or pension award letter, alimony etc.
  • Copy of Your Deed
  • Copy of Your Survey
  • Copy of Your Home Owners Insurance
  • Most Recent Tax Bills
  • All situations vary, additional documents may be required.