Home Equity Loans

Let your home\"s equity work for you. The Bank of a Different Color helps with home equity loans that are fast and fair with decisions are made right here

We'll lend you money on your home for almost anything you want:

  • Home Repairs
  • Home Improvements
  • Major Purchases (even autos)
  • Vacation
  • Taxes
  • Tuition
  • Debt Consolidation

 
Two Types of Home Equity Loans:

FIXED RATE HOME EQUITY LOAN

Borrow a specific amount of money against the equity in your home. You get all the loan up-front. Your rate stays the same even if the prime rate goes up

 

VARIABLE RATE HOME EQUITY LINE OF CREDIT

To access your line of credit whenever you want, you simply write a check. You don't pay any interest until you take the money, at the interest rate at that time