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Home Equity Put Your Home Equity to Work As a Home Owner, you can be pre-approved for anything you want – home improvements, a dream vacation, an investment opportunity. The Equity in your home provides on-the-spot financing. Just write a check – up to your approved amount – from your Home Equity Line of Credit account. Use your entire line of credit, or just a portion of it. § Low, variable interest rate § Interest may be tax deductible – talk to your tax advisor § Immediate access upon closing § Monthly statement If you like the certainty of a fixed rate and term, a Home Equity Loan is right for you. You’ll have a set payment for a specified time for assets like a new kitchen, a luxury auto, or your child’s college education. § Fixed rate, fixed term § Interest may be tax deductible
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