Home Equity Loans (DEV)
One of the best ways to borrow is with a Home Equity Line of Credit.
Many people use it for a home improvement project, like a room addition or a new kitchen. Or they use it to pay off credit card bills and other loans. Still others use their home equity line to help with education expenses. Whatever your reason, a home equity line is a good choice.
You pay nothing until you use it, and you’ll pay a lower interest rate than credit cards, which makes it easier to pay off faster. Your interest could be deductible, consult your tax advisor for details.
To see how it will work in your situation, please contact us at the Carrollton Bank nearest you.