Make your home your castle.

A low rate you'll love for renovations, education, vacations and more.

 

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Apply now for a better mortgage experience through bankHometown.

At bankHometown our team of experts is willing to take the time to find the right equity program for you. Available for 1 to 4 family homes and condos (excluding investment properties).

Home equity loans are loans secured by your home and can be in addition to a first mortgage.  These loans are a way to keep your first mortgage intact but gain access to the equity in your home.   This equity can be used for renovations, education, vacations and more.

There are two home equity programs.  A home equity loan and a home equity line of credit (HELOC).  A HELOC is a revolving line of credit with an adjustable interest rate whereas a home equity loan is a onetime lump-sum loan, offered with a fixed interest rate and fixed payment.  With a HELOC you can choose when and how often to borrow against the equity in your home.