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HOME EQUITY LOAN
Equity in your home can be used in a variety of ways. If you want to borrow a specific amount and make fixed payments over a certain period of time, a home equity installment loan may fit your needs. You may choose to use your equity for a line of credit or to secure a Ready Reserve line of credit.
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You can typically borrow off the equity in your home for up to 75-80% of your home's value, with loan amounts starting at $3,000.
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Closing costs may be included in the loan amount.
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For your convenience, you can now view your home equity loan online, and arrange for automatic payments from a Park State Bank & Trust account.
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Interest may be tax-deductible. Please consult your tax advisor.
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