Using the equity in your home for a loan to cover repairs, remodeling and even debt consolidation can be the least expensive way to maintain your home’s value. You can borrow against your home’s equity using a variable or a fixed rate loan. With a HELOC (Home Equity Line of Credit) the rate is generally variable but you can have payments as low as “interest only.”
Second Mortgage Loans
As low as 3.50% APR fixed.
A fixed rate home equity loan, also called a 2nd mortgage, generally has a fixed rate and term (e.g. 5, 7, 10, 12 or 15 years). See details here.
Thanks to all members that attended this year’s Annual Meeting on February 21, 2017. We heard from our Board Chairman, Richard Wilcock and our CEO, Brett Blackburn. Congratulations to new board member, Marilyn Pearson and current Board Member Richard Wilcock on being elected to the board. – See details here.
Just because it’s cold outside doesn’t mean you can’t have some fun. Whether your skiing or bowling, you’ll earn reward points for every dollar you spend using your Hercules VISA card! Reward points add up fast!