Home Equity Renovation Loan - Reliance Bank

Open the door to the remodel you’ve been waiting for. With this loan, you can use your home’s *after-renovation* value to finance your renovation. A traditional home equity loan can be used for more than just a remodel, but it requires equity to already be established. With our Home Equity Renovation Loan, you have the potential to build equity into your home.

Home Equity Renovation Loan Benefits

Borrow up to 85% of your home’s equity based on the expected value of your home once renovated

Choose from a variety of loan terms to fit your needs

Plan ahead with affordable fixed-rate monthly payments

Manage your loan anywhere with free online, mobile, and telephone banking

autopay

Set automatic payments from Reliance Bank checking and savings account

FAQ

Is my interest tax deductible?

It depends. We strongly recommend you talk to a tax advisor to assess your individual situation.

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