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At
a Glance |
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Home
equity credit lines are a fast, convenient
way to borrow for most personal needs. Access
the credit line any time with convenient checks,
so money is there when needed. By using
your home's equity, the interest may be tax
deductible, although we recommend consulting
your tax advisor regarding deductibility
of interest.
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Best
For |
- Consumers
who want quick and convenient access
to cash for:
- Home improvement purposes
- Educational expenses
- Personal needs
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Features |
- Secured by a home mortgage
- Interest is usually tax deductible
- Competitive variable rates
- Rates and terms based on collateral
- Allows consumers to borrow several times under one
credit line without negotiating a new loan
- No closing costs in most cases
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Click
here to fill out our Real Estate
Loan Referral Information form. This form is not a
secure form.
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