Fixed-Rate Home Equity Loan
Whenever you need money for a one-time expense!
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What is a Fixed-Rate Home Equity Loan?
A fixed-rate equity loan is a lump sum amount that you draw from your home’s equity. You’ll pay it back at a fixed interest rate for the life of the loan with monthly payments, so you’ll know exactly what to expect. It’s a great option if you need money for a one-time expense!
Common Uses of Fixed-Rate Home Equity Loans
- APR as low as 7.50%
- Terms: 5, 10, 15, 20 year
- No closing costs
- Lump sum amount
- Payments are the same every month for set term
- The interest rate is locked in for the life of the loan
Additional fixed-rate equity loan rates and terms are available.