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May 9, 2008

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Home Equity Loans & Lines of Credit
 

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Would refinancing be a better option?


Vacation, new car, college tuition, new roof? Home equity loans are a consumer's ideal universal credit solution for just about anything. Typically, interest payments are tax deductible,* so a home equity loan can be your wisest, most affordable means of financing. We offer fixed rate home equity loans and variable rate home equity lines of credit.

Fixed Rate Home Equity Loans

Perfect for when you plan to use an entire fixed dollar amount for your purchase or project.

  • Borrow up to 100% of the equity in your home at fixed, competitive rates.
  • Easy-to-budget fixed, monthly installment payments.
  • No penalty for early payoff.
  • Interest paid may be tax deductible*.

Home Equity Line of Credit

An easily accessible pool of funds to use when, where, and however you wish.

  • Competitive, variable interest rate, tied to Wall Street Journal Prime. See today's loan rates.
  • Access your line by check whenever you need it; pay monthly interest only on the money you draw.
  • Interest paid may be tax deductible*.

Would refinancing be a better option?

* consult your tax advisor

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