Home Equity Lines and Loans
A home equity loan from Allied First Bank can be one of your most useful financial management tools.
A home equity loan is a second mortgage on your house. It turns the equity you have built into an active resource. You can use your home equity loan to:
- Remodel your kitchen, put on an addition, or any other home improvement
- Buy a car, RV, Boat, or airplane with possible tax-deductible interest
- Consolidate high-interest debt at a lower interest rate
- Obtain an easily accessed line of credit. (Subject to credit approval)
- Much more
Allied First Bank offers both fixed and variable rate home equity loans. You may also be able to deduct the interest payments from your taxes, but be sure to consult with your tax advisor before counting on your deduction.
Call the Bank at (630) 554-8899 or (800) 272-3286 for more information or Apply Online