Personal Lending/Home Equity Loan

Personal Lending/​Home Equity Loan

Home Equity Loan

Our Home Equity Loan provides peace of mind for Homeowners who have equity in their home. We give you the ability to have cash made available to you at
your convenience.

Own your home? Come in and Cash out!
Or need a few extra dollars right now? The money you need may be sitting right under your own roof. A Peoples Bank Home Equity Loan lets you use the equity in your home for cash in your wallet. Use it to pay bills…finance that special “honey do” project… whatever.

A first and second Mortgage at the same time?
ABSOLUTELY!
Depending on your circumstances, first and second mortgage financing done all together can make perfect sense. Peoples Bank, a longtime leader in mortgage services, can be your “one stop shop.” Having your home financed this way could save you money. And you can redraw on the loan for home expenses as you pay it back.

WHY A PEOPLES BANK HOME EQUITY LOAN?

  • No mortgage insurance required*
  • No termination fee
  • Closed Loan To Value up to 89.99%
  • Interest may be tax deductible**
  • As interest rates and programs vary, contact us for today’s rate and available terms
* Mortgage Insurance may be required if first mortgage is being closed simultaneously with this loan.
** Consult your tax advisor on how this may affect your individual tax situation.

homeequityloan