Home Equity couple Painting

Get the money you need using the equity in your home.

Home Equity Loan

Home equity loan features:

  • Receive your funds in a lump sum – beneficial for large projects
  • Choose from several loan terms
  • Make fixed monthly payments of principal and interest
  • Make additional principal payments without penalty
  • Interest on your home equity loan may be tax deductible. Consult a tax advisor.
  • Enjoy a set period of time to pay the loan back

Compare to a home equity line of credit

TowneBank NMLS# 512138

Ready to apply?

To apply, speak with a hometown banker at your local TowneBank office.
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Normal credit approval criteria apply