Good question! We offer loan terms from five years to 30 years, depending on the loan type and loan amount.
Great question! Loan-to-Value (LTV) is the amount owed on an asset compared to the value of the asset. For example, if the loan amount is $80,000 and the house value is $100,000, the loan-to-value is: $80,000/$100,000 = 80%.
Subtract the current mortgage balance(s) from the present market value to estimate the equity (net value) you have in your home. You can also try out our helpful home equity calculator!
It may be! It’s best to ask your tax consultant about possible tax advantages.
The best fit for you will depend on your individual needs. You could utilize our helpful calculator to assist your decision, or a member of our lending team can explain the features and benefits of both programs to help you decide!
There are no prepayment penalties on any of our personal loans or lines of credit. You can pay as much as you’d like above your scheduled payment at any time!