HOME EQUITY LOANS BY ADVANTAGE ONE
After you've built up some equity, your house can be the key to getting a low-cost loan that allows you to do all sorts of things that make a big difference in your life.
No Closing Costs | No Application Fee | No Annual Fees | No Pre-Payment Penalties
Non Members -Apply Now
Home Equity Loan
- Straightforward Loan (Lump Sum)
- Fixed Rate, Term, and Monthly Payments
- Borrow up to 90% of your home's appraised value.1
- Use it for large purchases, weddings, remodeling your home, or consolidating your debt.
Home Equity Line of Credit
- Variable Rate based on Prime Rate
- For the first 10 years, borrow what you need, when you need it.
- For the last 10 years, you'll payoff your loan.
- Borrow up to 80% of your home's appraised value.1
- Simply transfer your funds in online banking.
- Use it for unexpected home repairs, the kid's college expenses, or anything else.
Everyone can use a little - or a lot of - extra cash at one time or another. You can use these funds for anything you want, including remodeling your home, buying furnishings, paying college tuition or consolidating higher-interest debt.
- No closing costs, application, annual fees or pre-payment penalties
- Straightforward loan with fixed rate, term, and monthly payments
- Borrow up to 90% of your home's appraised value1 (less mortgage and liens)
Non Members -Apply Now
If you would prefer to apply in person, schedule your appointment online(Opens in a new Window).
It can be reassuring to know you have extra funds available whenever you need them, for any reason at all. You can draw on this credit line any time you want to pay for special occasions, make a big-ticket purchase or cover unexpected expenses.
- No closing costs, application, annual fees or pre-payment penalties
- No penalties for not using your line. You can keep it open for emergencies, and use it when you need it.
- Line of credit up to 80% of the appraised value of your home1 (less mortgage and liens)
- Payments based on as little as 1.35% of your outstanding balance
- Individual loan rate ties to the Prime Rate, your credit worthiness, and credit score.
- Access funds through Online Banking or at an Advantage One branch
- Individual loan rate tied to the Prime Rate, your credit worthiness and consumer credit scoring
- Tap into the money for 10 years, and then you have 10 years to repay what you owe
Non Members -Apply Now
If you would prefer to apply in person, schedule your appointment online(Opens in a new Window).
1Borrow up to 80% (up to 90% for Home Equity Loans) of your home's appraised value (less mortgage & liens). All loans are subject to approval. Rates, terms, and conditions are subject to change.
FEES AND CHARGES: If you disagree with Advantage One’s assessment of your home value, you may elect to get an addition appraisal to determine the value of your home, you will be responsible for the cost of this appraisal. A typical cost of an appraisal is estimated at $500.