Home Equity Loans & Lines of Credit

Tap into the equity in your home when you are looking to make a major purchase. Home equity loans and home equity lines of credit (HELOCs) are loans that are secured by a borrower’s home.

Clear Mountain Bank can help you with a Home Equity Loan or Home Equity Line of Credit which you can use for home improvements, education expenses, debt consolidation, wedding expenses, a dream vacation, or just about anything else.

A Home Equity Loan is perfect for a one-time borrowing need and offers the stability of a low fixed rate and fixed terms. 

Features:

• Competitive rates & flexible terms
• Fixed monthly payment
• Closing costs can be included in your loan
• Automatic payments available

HELOCs are revolving credit lines that come with variable interest rates and, as a result, variable minimum payment amounts.

Features :

• Low rates
• No annual fee
• Quick, local decision-making