Home Equity Loans
Community Bank has the right home Equity Loan for your needs. Whether it's an addition to your kitchen or upgrades to your home, our loans can help you make more improvements than you thought possible. Our loan program enables you to take advantage of a competitive fixed rate of interest and a fixed payment for the term of your loan. Depending on your tax situation, your interest may be tax deductible.
Benefits:
- Borrow up to 80% of the equity in your home
- Take up to 7 years to repay
- Have a fixed payment for the life of the loan
- Automatically pay back your loan using your Community Bank checking or savings account
- Obtain competitive fixed interest rates
| Example Loan Amount | Term | APR% | Payment |
|---|---|---|---|
| $10,000 | 3 yrs | 10.00 | $322.67 per month |
| $10,000 | 5 yrs | 11.00 | $217.42 per month |
Approval of all Community Bank products and services subject to bank underwriting standards.
