Home Equity Loan11>
Lock in a fixed rate to finance whatever life may bring. With a HELoan, you can borrow against your home equity, receive the full amount upfront, and pay it back over time.
- Payments never increase with a fixed interest rate for the full loan term
- No or low closing costs, no application fee, and no annual fee
- First and second-lien options available
- Might be a good fit for you if you’re looking to borrow a large sum and pay it off over a period of time longer than 1-2 years