Smart Home Value with a Home Equity Installment Loan
Homeowners today can take advantage of using their home equity to help fund important purchases, and Reliance Bank offers a variety of options. A Home Equity Installment Loan uses your home’s equity as a source of available credit to complete home improvements, buy an automobile, or consolidate debts. A Reliance Bank Home Equity Installment Loan means you have a fixed monthly payment that you can rely on.
Home Equity Installment Loan Features the Following:
- Affordable fixed monthly payment
- Variety of terms available
- Borrow up to 89% of your home’s equity
- 24-Hour Mobile Banking*, Online Banking and Telephone Banking access
- Automatic payments from checking account or Statement Savings
- Competitive interest rates
- Interest may be tax deductible**
*Your mobile carrier may charge for internet access and/or text messages. Message and data rates may apply.
**Consult your tax advisor regarding the deductibility of interest.
Home Equity Installment Loan with Fixed, Monthly Payments
The Reliance Bank Home Equity Installment Loan offers personal lending with a fixed, monthly payment. Homeowners appreciate knowing they will have a set payment amount, which can be payments deducted from checking or Statement Savings.