Home Equity (includes HELOC)
You work hard for your house. Why not let your home work hard for you. Instead of turning to savings to fund that major expense, turn to the equity you've build in your home.
Especially if your home has increased in value, or if you've already paid off a signification amount of your mortgage, you could get a nice sum of money to put toward those items on your wish list, whether it's putting money back into your home via home improvements, or funding higher education, paying off important life events, and more. Loans and lines of credit available, depending on your needs.
- Use your home equity to pay off unexpected or major expenses
- Loans and lines of credit available
- Competitive low rates
- Low closing costs
- Convenient terms for affordable payment plans
- Interest may be tax-deductible*
- Local underwriting for quick decisions and smoother processing
- Easy application process
- Personalized service right here in the DC area
*Consult your tax advisor.
- Home Equity Line of Credit
Tap into your home's equity with a revolving line of credit. It's just like a home equity loan, except you can access your available funds as you need them. Spend it all at once or here and there. Pay it off and use it again!
- Use it as you need it
- Easy access to funds
- Interest charged on only what you use
- Interest may be tax deductible*
- Pay it off and use it again
Consult your tax advisor.