Home Mortgage Loans

Sometimes, life presents you with situations and opportunities that you have prepared for. Other situations are completely unexpected. The equity in your home may be able to help you finance major expenses such as:

• An auto or boat purchase
• Education expenses
• Home maintenance and repair
• Home renovations and remodeling

Remember that you should carefully evaluate the decision to borrow on your home's equity. While using the equity in your home can be the right decision depending on your situation, it is important to have a repayment plan and know that the interest charges can result in a larger expense than the initial loan.