Home Equity Loan
Whether you're looking to improve your home, consolidate debt, or pay for college tuition, a home equity loan through First National Bank is the ideal solution. We offer loans specifically designed to fit your needs.
The amount you can borrow is largely determined by taking your home's appraised or fair market value, and subtracting the balances of any outstanding mortgages and liens on the property.
Home equity loans have a set repayment schedule over a specific period of time. Interest payments on a home equity loan or line of credit may be tax deductible. Consult your tax advisor regarding deductibility of interest.
The following brochure contains important information regarding your Home Equity Loan. Please read the "Consumer Handbook on Adjustable-Rate Mortgages" prior to applying.