Home Equity/Second Mortgage Loans

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Home Equity/Second Mortgage Loans

Home Equity Loans
Take advantage of the equity in your home with a Novation low fixed rate Home Equity Loan with flexible terms from 5 to 15 years and fixed monthly payments. Borrow up to 100% of the equity in your home and use the money for any purpose. Interest is usually tax deductible*.

Home Equity Line-of-Credit
Enjoy the same great benefits as a regular home equity loan, but with additional flexibility. A Home Equity Line-of-Credit (HELOC) is always there for you when you need extra cash. Borrow up to 100% of the equity in your home. And use your money for any purpose. Interest is usually tax deductible*.

Complete a Home Equity Loan application today.

*Consult a tax advisor regarding tax deductability.

 

We save you money
(Rates for 05/12/08)
  Home Equity - 5 year Balloon up to 15 year Amort
APR as low as 5.75%
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  Home Equity Line-of-Credit
APR as low as 4.25%
[apply]

  All APRs depend on credit history. Home Equity Line-of-Credit (HELOC) APR is for 80% loan-to-value. HELOC rate is subject to change quarterly but will not exceed 18% APR. Fees to set up HELOC account, excluding appraisal if necessary, will not exceed $185. 100% LTV loans are also available.