Home equity loans are separate from your mortgage. If you're looking to keep your finances simplified, you could refinance your home to borrow from your equity while enjoying one total monthly home payment. Ask us for more details.
No, you're not seeing double: A Home Equity Loan really is different to a HELOC.
With a Home Equity Loan you can get a one-time lump sum locked in at a fixed-rate. This gives you predictable monthly payments, ideal for the savvy budgeter and big-picture planner.
Home Equity Loans are great for:
Fixed rate means fixed payment. You'll know what you owe and when you owe it. No surprises.
Because you're using your home's equity, you may get lower rates than typical personal loans.
You can take control of any upcoming large expenses or consolidate existing debt.
With a Home Equity Loan, you borrow once, using the equity you’ve earned in your home as collateral. You’ll receive all the funds upfront, and repay at a fixed-rate over a set term. No revolving balance, no shifting targets. Just peace of mind and progress
