Young family in their kitchen

Closed End Home Equity Loan

Tap into your home's equity for funds you need

As your home's value has increased over the years, you now have access to equity you can use for renovations, debt consolidation or any other large projects. This option is ideal when you know exactly much money you need to borrow.

  • Full loan amount is provided at the time of closing
  • Fixed interest rate keeps monthly payments the same; our rate may be lower than the rate on your credit card
  • Interest may be tax-deductible; please consult your tax adviser for full details
  • No prepayment penalty