Home Equity Uses
A Home Equity Loan or Line of Credit can be used for just about any major expense you may be facing. And, the interest may be tax deductible!*
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Home Equity Loans or Lines are most commonly used to pay for:
Home Improvement
The most common use for Home Equity funds is making improvements to your home. So, whether you’re fixing your roof, building a deck, installing a pool, putting on an addition, or anything else designed to increase your home’s value or comfort – check with us to find out how to finance these improvements using Home Equity.
College Expenses
College is a major expense these days – sometimes costing as much as a home mortgage! Use the equity in your home to help deal with this major cost.
Debt Consolidation
You may be able to consolidate expensive credit card and loan debt into one lower-interest Home Equity monthly payment.
Vacation
Where have you always dreamed of traveling? Well, the equity in your home can help get you there. At a really great rate!
Something Else
Maybe you have something in mind that we haven’t listed, like a new vehicle purchase or a wedding to pay for. Put your equity to work handling these major expenses.
*Speak with your tax advisor regarding deductibility.