Home Equity Use the equity you have in your home to do that remodel you have dreamed of or to consolidate your debts. The State Bank will help you through the decision making process to ensure that using your home’s equity is the right choice for you.
Home Equity Line of Credit
A variable-rate line of credit that you may draw against - using a check or convenient debit card - providing you access to your equity when you need it.
- Approved for a specific amount
- Used to purchase major items
- Monthly payments based on balance
Fixed Rate Equity Loans
This loan allows you to borrow a specific amount of money for a specific period of time and pay off the balance with regular monthly payments. The advantages to this loan are a low fixed rate and a payment that never changes, making budgeting a breeze!
- Quick, convenient access to funds
- Competitive rates and flexible terms
- Affordable monthly payments
For more information about any of the home equity options that The State Bank offers contact us or stop in to one of our local branches for a consultation.