Home Equity Loans
Cash is waiting at your door
Did you know that cash is available through the equity in your home? Use the power of a home equity loan to finance other goals or products. Call your local office to talk with one of our loan specialists to learn more about your options!
Why would I get a home equity loan or line of credit?
- Pay off credit cards or other debt at a MUCH lower rate
- Refinance your home
- Remodel your home
- Pay off student loans at a lower rate
- Pay for a child’s education
- Buy a car
- Help with medical expenses
- Go on vacation
- …pretty much whatever you need money for at a lower rate!
Why work with Standard Bank?
- Personalized, local customer service
- Competitive rates that are updated daily
- Competitive closing costs
- Quick turnaround
- Flexible lending (since we are local!)
- In-house loan servicing for the life of your loan
- Work one-on-one with a loan officer who listens to and analyzes your financial situation
- Local decision making means timely answers and processing
- Supporting a community bank supports the local economy so everyone benefits.
What are my options?
- Fixed Rate Home Equity Loan: If you own your home, you have options. Save money with a low, fixed-interest rate. You’ll enjoy the convenience of affordable monthly payments over a fixed time period. The interest paid on the loan may be 100% deductible (consult your tax advisor).
- Home Equity Line of Credit: Have money available for a “rainy day” with a Standard Bank Home Equity Line of Credit. You can enjoy the low variable interest rate and possible tax savings benefits (consult your tax advisor). This is a revolving loan, so you can pay down the balance and re-use it whenever you want to. You are in control, and you don’t have to apply for another loan every time you need money. It’s there–just waiting at your door.