Home Equity Loans

Your Needs Are Diverse…

Whether you're renovating, paying for tuition or buying an appliance, your home investment makes an excellent resource for additional funds. Call Charter National Bank today to identify your options, or read this user-friendly loan tutorial below.

 

Our Solutions Are Many: Charter Bank Home Equity Loans.

 

Home Equity Lines of Credit 

Whether your home mortgage is paid in full or not, this is an attractive loan with interest rates that may be tax deductible - see your tax expert for details. Charter Bank clients use our Home Equity Lines of Credit for a variety reasons:

• Refinancing high-cost debt
• Consolidating credit card debt
• College expenses
• Major purchases
• Vacations
• Weddings
• Check our interest rates
• Get an application or more information

 

If you are already a homeowner, the equity in your home can be used for a revolving line of credit so you have the option of using this money if and when you need it. Be sure to check out Charter National Bank's low rates on Home Equity Lines of Credit!
 

Potential Uses Debt consolidation-pay off higher interest credit card bills or car loans with one lower interest rate payment. Home improvement/renovation. Medical bills. New construction, such as a room addition, on your home. Buying new appliances. Buying a new car, truck, boat or RV. Paying education expenses.

Benefits Simply write a check or call us to have the funds deposited into your checking account. Pay interest only on the amount you borrow. Tax Advantages: The interest you pay on this loan may be tax deductible. Consult your tax advisor for more information. You pay no points. Automatic Loan payments are available at no charge. Repay borrowed funds at your convenience. Replenish your credit line as you repay the borrowed funds.