Home Equity Loans
Use the equity in your home to access funds anytime you need them, for any occasion.
Home Equity Line of CreditYou worked hard to build the equity in your home. It's only right that you get to use it for whatever you want-even that dream vacation. The possibilities are endless! Since credit is revolving, you can use however much you want, and as you make payments, your credit limit increases again. Think of it like a credit card, but secured by the equity in your home and at a way lower interest rate.
|
Cash-Out RefinanceIf you plan to use all of the funds from your Equity Loan in a single draw, a cash-out refinance might be the better option for you. This option might also be best if you still have a first mortgage on your home and wish to have one payment rather than two, or you would like to have a consistent payment, or if you want to lower your current interest rate. Funds can be used for any purpose you like- just like a HELOC!
|
© 2021 United Citizens Bank & Trust Company
NMLSR#688969 8198 Main Street / PO Box 250 Campbellsburg, KY 40011 (800) 223-2850 - Toll Free (502) 532-7392 - Main (502) 532-6607 - Fax |