Home Equity
Put the Equity in Your Home to Work
Pay for home improvements or upgrades, debt consolidation, a dream vacation or almost any other purpose you choose.
Plus, in most cases, you will enjoy a tax deduction for the interest. (Consult your tax accountant.)
We offer two great options, depending on your needs.
Flexibility with a Home Equity Line of Credit
There's no better way to pay off high interest credit card debt and loans or just get the money you want for the things you need now. Plus, there are no application fees and no closing costs for loans of $25,000 or more. We'll even waive the first year's annual fee!
- Borrow only what you need, when you need it.
- Quick and easy to transfer funds to your Alliance checking account or write a check directly from your line of credit.
- Variable interest rate
- $50 Annual Fee, waived the first year
- Minimum payment on balance is $100 or interest only, whichever is greater.
Fixed Rate Home Equity Loan
Have a particular project or purchase in mind? Get exactly how much you need at a fixed rate with our Home Equity Loan. We offer 7- or 10-year terms, depending on your payment preferences. The perfect tool if you want to stay in a budget or reduce your exposure to changing interest rates. Minimum loan amount of $10,000.
To get more information or apply for a home equity credit line or loan,
Call us, stop by or send us a secure email.