If you have equity in your home, a home equity loan lets you exchange a part of this equity for money. You can use the funds to refinance your current mortgage, make home improvements, pay for unexpected events, or go on vacation. It's really up to you. The interest you pay on the loan may be tax deductable.2
Go ahead, start planning!
- Fixed rates and flexible terms available
- Interest paid may be tax deductable2
- Simple application process with quick closings