Home Equity Loan
Apply Online »A fixed loan tied to the equity in your home which allows you to borrow a set dollar amount for a specific period of time.
How does a home equity loan work?
With a Hastings City Bank Home Equity Loan, you can borrow up to 89.9% of the equity in your home which is paid to you in a lump sum. You have a competitive, fixed interest rate and steady monthly payments over the term of the loan. Additional benefits include:- Low closing costs
- Interest is typically tax deductible**
- Fixed terms to 10 years and amortization schedules up to 15 years.
- Quick turnaround from application to closing.
**Consult a tax advisor regarding deductibility of interest