Home Equity

With a home equity loan or home equity line of credit (HELOC), your financial goals are within reach. Get funds to pay for a variety of expenses. Meet with a banker to discuss what option would work best for you.

Home Equity Line Of Credit

Key Features

Borrow up to 80% loan-to-value.
Five-year balloon. Draw and loan period is 5 years.
Flexible payment- Pay interest each month on what you have drawn. Pay on principal when you want.
No closing costs.
Interest may be tax-deductible1

1 - Consult your tax advisor.

Common Uses

Home Improvements: Renovations, repairs, or upgrades to increase your home's value.
Debt Consolidation: Paying off high-interest credit card debt or other loans.
Education Expenses: Funding college tuition or other educational costs.
Major Purchases: Covering large expenses like a wedding, medical bills, or a new car.
Emergency Fund: Accessing funds for unexpected financial needs.

Call Mark Bayer (NMLS - 2245814) today at 1.708.237.3123

To learn more or click the button below and fill out the Contact Us form.

Home Equity Loans

Key Points

Lump Sum Payment: You receive the full loan amount upfront.
Fixed Interest Rate: The interest rate stays the same throughout the loan, providing predictable monthly payments.
Common Uses: Funding major expenses such as home improvements, education, or debt consolidation.

Features

Borrow up to 80% of the value of your home.
Terms up to 10 years, amortizations up to 20 years.
Fixed, affordable interest rate.1
Discount available for automatic payment from a First Secure Bank & Trust checking account.
Interest may be tax-deductible.2

1 - Subject to credit approval. Property insurance required on properties secured by this plan. 2 - Consult your tax advisor.

Call Cheryl Bechard (NMLS - 412709) today at 1.708.870.7700