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Home Equity


Thinking about home improvements? Have education expenses? Buying a new car or boat? Consolidating your debt? Choose a Home Equity solution that fits you best. With tax deductible interest (consult your tax advisor) a FREEDOM NATIONAL BANK Home Equity Loan is the smart way for homeowners to borrow.

Home Equity Loan

If you know exactly how much cash you need and want the entire amount up front, you can borrow up to 80% of your home's equity. This fixed rate loan gives you the security of knowing exactly what your monthly payments will be and when the loan will be paid off. For added convenience, have your payment automatically deducted from your FREEDOM NATIONAL BANK checking account.

Home Equity Line of Credit

If you don't have a specific amount in mind, a line of credit offers a reusable source of cash, as you need it. This variable-rate product provides flexibility and check access for your convenience. You can borrow up to 80% of your home's equity for your immediate needs or anticipated future spending.

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