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Your home’s equity is for more than just home improvement! You may be able to borrow against the increased value of your home to finance just about anything. A home equity loan or line of credit* can be used to pay college tuition, take a vacation, consolidate debt, and of course update your home.
Whether you’re looking for a home equity line of credit (HELOC), or a fixed-rate loan, The State Bank will help you through the decision making process to ensure that using your home’s equity is the right choice for you.
A variable-rate line of credit that you may draw against—using a check or convenient debit card —providing you access to your equity when you need it. A HELOC offers you great flexibility for home improvements, major purchases, consolidation of debt, college tuition, and more.
This loan allows you to borrow a specific amount of money for a specific period of time and pay off the balance with regular monthly payments. The advantages to this loan are a low fixed rate and a payment that never changes, making budgeting a breeze!
For more information about any of the home equity options that The State Bank offers contact us or stop in to one of our local branches for a consultation.
At The State Bank, we promise to make your life easier. Let us help you find your better state – on the go – with our Go Digital Services.
Set your savings on autopilot with Kasasa Saver! This account allows you to save cash automatically when you link your account to your Kasasa Cash or Cash Back Checking account.
*Based upon number of approved loans for the SBA fiscal years ending September 30, 2020, 2021, 2022 & 2023. Subject to credit approval.
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