Home Equity Loans Comparison Chart
Product |
Home Equity Lines of Credit |
Fixed Equity |
Features |
- Low Closing Costs
- First or Second Lien Position
- May be Tax Deductible1
- Easy Access through Checks
|
- Low Closing Costs
- Second Lien Position Only
- May be Tax Deductible1
|
Maximum Loan Amount |
Up to 85% of Appraised Value |
Up to 85% of Appraised Value |
Rate |
Variable (Based on Prime Rate) |
Competitive Fixed |
1 Consult your tax advisor