Considering a major home improvement? Or just pondering over a minor home project? Construction projects of any size can be expensive and difficult to pay for out of savings. Fortunately, your home’s equity may help you finance a large expense!
CresCom Bank can minimize the stress in your home improvements by making the payments of the remodeling bills easier and more affordable. We will work with you to understand the amount you want and how much you can pay per month, so you get a home equity loan that fits your needs.
We understand home borrowing options can be overwhelming at times. By understanding the basics of home equity, you will be better prepared to make smart decisions about your financial future.
A home equity loan is secured by a second mortgage, allowing homeowners to borrow against their equity in the home. The loan is based on the difference between the homeowner’s equity and the home’s current market value.
We can help you quickly and easily tap into the money that exists as equity in your home. Borrow against the equity you have built up in your home, and your rate will be lower than conventional loans or credit cards. We offer various plans to fit every budget.
Talk to a CresCom Bank loan officer today with any questions that you may have.
Happy Home Improvements!