Home Equity Loans

A home equity loan is a mortgage loan secured by the equity in your own property. The loan has a specific limit (credit limit) which the borrower may draw up and pay down within this limit. Checks are provided to the customer for easy access to your line of credit.

Features

• Flexible payment terms.
• Interest paid may be tax deductible.
• No prepayment penalty.
• Loan to value ratio to 90%.