Unlock the equity in your home. From education expenses to vacation funds, use it to finance nearly anything.
- Competitive Rates
- Quick Decisions
- Local Processing
- Anytime Access
- Turn the equity in your home into ongoing, affordable financing
- Competitive variable rates for several ongoing or seasonal needs:
- Education expenses
- Major life events
- Major home improvements
- Debt consolidation
- Emergency reserve
- And much more
- The existing equity in your home is used as collateral backing
- Accommodating repayment terms that work uniquely for you
- Funds available anytime without reapplying; apply once, then use repeatedly thereafter
- Revolving credit — as principal is repaid, more becomes available for use
- Funds easily available via in-person or phone transfers to a specified Eclipse Bank checking account
- The interest paid might be tax deductible1
- Set up automatic payments to be deducted from your account monthly
- Quick, local decision-making and processing
- Attentive, friendly service from start to finish
Subject to credit and underwriting approval. Insurance is required and the maximum annual percentage rate is 21%.
1Consult a tax advisor. regarding the deductibility of interest.