Larger more expensive financial goals like remodeling or college education can seem unreachable. When deciding on where to look for a loan, consider Union Community Bank’s Home Equity Term Loans. Home Equity Loans are valuable tools for responsible borrowers to receive a low interest loan.
A Home Equity Loan is a low cost way to borrow funds at a fixed rate for a fixed term using the equity in your home. Using your home as collateral provides asset-backed security that helps keep interests rates competitive and tax deductible. We offer flexibility in terms to provide you with the right loan based on your individual needs. Find out how to tap into your home’s financial potential using Home Equity Loans.
Union Home Equity Term Loans
- Competitive rates
- Flexible terms, including bi-weekly payment options which can save you thousands in interest
- Monthly payment is fixed to allow for easy budgeting
- Use for major expenses such as home improvements, education, consolidation or medical costs
- Interest may be tax deductible (Consult your tax advisor)