No need to look too far for financial relief. Use the equity in your home as collateral for a loan or HELOC.
Key Features
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Competitive Rates
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Anytime Funds
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Local Processing
Details
- Competitive rates for several short-term or one-time needs:
- Education expenses
- Major life events
- Home remodel projects
- Debt consolidation
- And much more
- The existing equity in your home is used as collateral backing
- The interest paid might be tax deductible1
- Repayment terms customized to fit your unique needs
- Local decision-making and processing
- Attentive, friendly service from start to finish
1Consult a tax advisor.
HELOC
- A flexible credit line for planned and unexpected expenses
- Lower interest rates than most loans and credit cards1
- Quick and easy access to money you need, when you need it
- The existing equity in your home is used as collateral backing
- The interest paid might be tax deductible2
- Low monthly payments
- Set up automatic payments to be deducted from your account monthly
- Write up to 24 checks from this account per year
- Annual fee of $453
- Repayment terms tailored to fit your needs — up to 120 months
- No minimum loan balance requirement
- No initial draw requirement
- No prepayment penalties
- Local decision-making and processing
- Attentive, friendly service from start to finish
1Variable APR is based upon the Wall Street Journal Prime Rate. The minimum APR is currently 5%. Maximum APR is 18%. Other rates and terms available. Property, title, and/or flood insurance may be required.
2Consult a tax advisor.
3Borrower must pay all applicable closing costs, which can range from $0 to $450.
*For owner-occupied, single-family primary residence only--no rental properties, with equity of up to 80% loan to value. Subject to credit approval. Variable interest rates and terms are subject to change without notice. Sutton Bank NMLS #458322. Member FDIC, Equal Opportunity Lender.