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Homeowners can take advantage of First Bank's Home Equity Loan or Line of Credit to make home improvements, pay a special assessment, pay for tuition or to fund any major purchase. Home Equity Loans are fast, easy and convenient! Let us solve your renovation and financing needs with a First Bank Association Services Home Equity Loan.
Home Equity Loan
- Loan amounts available up to 75% of your home's equity*
- Flexible loan terms up to 15 years
- Monthly repayment over the term of the loan
- Fixed interest rate
- Interest may be tax-deductible**
*Loan to value may be higher in some states.
** Consult your tax advisor.
Home Equity Line of Credit
- Loan amounts available up to 75% of your home's equity*
- 10 year draw period
- Easy access to funds by writing a check
- Funds can be reused when balances are paid down
- Monthly repayment up to 15 years
- Variable interest rate based on the Prime Rate
- Interest may be tax-deductible**
*Maximum loan-to-value in California and Florida is 70%.
**Consult a tax advisor regarding the deductibility of interest.
Use our calculators to see how much you can borrow, what your payments will be and more!
To find out more about Home Equity Loans and Lines of Credit, contact the Association Bank Services Relationship Manager nearest you.
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