Home Equity Loans and Lines of Credit are available on your primary residence in amounts based upon a percentage of your home’s value, minus the outstanding balance on your current mortgage.

Home Equity Loans

• Interest rates are lower than most other types of loans
• Interest rates are fixed at the time of application. 
• Loan amounts from £10,000 to £500,000* or more
• Terms are available to suit your  credit needs

Home Equity Lines of Credit

• Flexibility to utilize your home’s equity as you need it
• An effective means of addressing unexpected as well as planned expenses
• A revolving feature that allows you to borrow, repay and re-borrow as needed. A monthly statement detailing all transactions and the amount of available credit is provided
• Highly competitive interest rates
• Annual percentage rate is variable, based upon the Wall Street Journal Prime Rate and is subject to change monthly after consummation
• Monthly payments of principal and interest are required

Ask about the current Annual Percentage Rate (APR) and any fees that may apply

*Loan amounts over £500,000 require the purchase of title insurance