Show You Home Some Extra Love
You recognize the benefits of using your home's equity, and Amboy Bank’s Choice Home Equity Line is an “all-purpose” loan for today’s smart homeowner. Use it to update your kitchen, add a deck, or for anything else you'd like. It can start as a line of credit at just 6.50% APR* for 12 months, but it can be converted to a fixed rate loan whenever it's best for you! Plus, we can support different payments to suit your budget.
Choice Home Equity Features:
- Available for almost any expense- home improvements, credit card consolidation, car purchase, education, etc.
- One easy application form with fast approval (usually within 3 business days)
- Ongoing access to the line as you pay your line or loan back
- Easy borrowing. Just write checks to borrow on credit line
- Convert part of your balance to a fixed rate loan with a simple phone call (up to 3 loans totaling $100,000)
- Interest may be tax-deductible (consult your tax advisor to be sure you qualify)