Been trying to figure out how to add the deck? Or maybe you want to simply do some upgrading and updating?
Our Home Equity Line of Credit is a variable rate loan based on the Prime Rate plus or minus dependent on credit score. You may qualify for up to 80% of the equity in your home. To calculate this, we take the appraised value, minus the 20% equity, and subtract the balance of the current mortgages. That leaves you with the amount available for the line of credit. You can obtain credit advances for five years. After the “draw period” ends, the repayment period will begin and the length of the repayment period will depend on the balance at that time.
Call now or stop in today to access the money you need at a rate you'll love!