Do you need money for a significant one-time expense? If so, a Home Equity Loan (second mortgage) with Heritage Bank may be right for you. This account is a personal loan that is secured by the equity in your home and can be used for a one-time expense. If you have equity in your home and have a need for one lump sum of money, a Home Equity Loan may be the perfect solution.

Details of a Heritage Bank Home Equity Loan:

Features:

Competitive Interest Rate - A fixed interest rate, with fixed monthly principal and interest payments.
Loan Duration - Fixed term up to 5 years.
Line Amount - $5,000 Minimum.
Loan to Value (LTV) Required - Up to 80% LTV on a 1- to 4-unit owner-occupied primary residence.
Tax Benefits - The Interest you pay may be tax deductable. (Consult a Tax Professional.)

Access to funds:

Funds are paid out by check and/or an electronic transfer to the Heritage Bank account(s) of your choice.

Fees:

No Application Fee
Limited Closing Costs
- The recording of the mortgage
- The appraisal fee (if required)
- Title insurance (if required)
No Annual Fee

Contact us about a Home Equity Loan

To apply for a loan, contact any branch or complete the information below and we will contact you.

Please Note: Do not send personal account information using this form.

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