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Home Equity Line of Credit (HELOC)

  • Flexibility of borrowing your funds all at once or over a period of time as you need it
  • Easy access to your funds whenever and wherever you need it with the HELOC Visa Debit Card
  • Low monthly payments based only on what you've actually borrowed
  • Interest charged only on funds used
  • Borrow up to 90% of the equity in your home
  • Interest may be tax deductible

Home Equity Installment Loan

  • Fixed interest rate
  • Fixed monthly payment throughout term of loan
  • Borrow up to 90% of the equity in your home
  • Interest may be tax deductible

WHEDA Home Improvement Loan

  • Fixed interest rate
  • Fixed monthly payment throughout term of loan
  • No equity requirements
  • Do not have to have your 1st mortgage through WHEDA to qualify
  • Loans up to $17,500.00
  • Money must be used for home improvements on owner occupied property
  • Income limits do apply
  • For more details about the program check out the WHEDA website

FDIC

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