Chartway Loans: Home Equity Loans and Lines
If you're looking to capitalize on the equity in your home, let Chartway help. Turn the equity in your home into cash to pay off bills, buy something special, fund college expenses or remodel your current house. Chartway offers four great plans:
Equity Lines - Just like a credit card, this variable-rate revolving line of credit lets you borrow the amount you need, when you need it. It even has a fixed rate option for added payment flexibility.
Equity Loan - This second mortgage comes with a fixed rate.* It's perfect if you prefer the consistency of a steady monthly payment.
Product Features
- Offer full range of fixed rate equity loans and variable rate lines of credit including lines of credit with a fixed rate option
- Flexible terms and rates to fit your needs
- Interest may be tax-deductible*
- Use the cash for anything
Requirements
- Must be a Chartway Member
- Must be eighteen or older
- Must have required paperwork (proof of income, mortgage information, photocopy of Deed to Property, copy of Homeowner's Insurance, and HUD Settlement Statement)
- First or second lien on primary residence
* Consult your tax advisor.