Ask your home for a loan.
Consolidate high-interest credit card debt, or pay for home improvements, education expenses, medical expenses, a new car or recreational vehicle with a home equity loan from Tri Counties Bank.
What is a home equity loan?
A home equity loan allows you to borrow against the equity in your home.
It has a fixed interest rate and term, therefore your payments will stay the same
throughout the term of your loan.
How much can I borrow?
It depends on the amount of equity in your home. To find it, simply take your
home's fair market value, or recent appraisal, and subtract any outstanding balances
on loans or mortgages on your property. Our variety of home equity loan products
allow you to borrow up to 85% of your home's equity.
Talk to an expert
Tri Counties Bank loan officers can help you with any kind of loan, including large parcels,
construction, and working farms.
Consult your tax advisor for possible tax benefits. Your initial rate will be determined
by credit worthiness, product type and LTV. Loans available on homes secured by conforming
real property up to 85% LTV, including any prior encumbrances. Standard closing costs
(excluding fees paid to other lenders to release lien status) generally range from $500-$800),
and are waived only for home equity lines or loans under $250,000. APR of 7.49%, based on
typical loan of $250,000 with 180 monthly payments of $2,313.28. Property insurance is required.
Advertised home equity loan rates are subject to change at any time. Other conditions may apply.
Call us for details.