An FCN Bank Home Equity Line of Credit is based on the equity that you have in your home. This line of credit is available to homeowners for a variety of reasons: Home Improvement, College Tuition, Consolidating bills, or that Family Vacation that you have always dreamed of. FCN Bank understands the value of home equity and offers you a revolving line of credit secured by equity you have in your home. Once your application is approved and your credit limit determined, you can conveniently access your loan. A single application gives you an ongoing source of credit.
A Key Benefit to Home Equity Loans is the Tax Advantage. FCN Bank Equity Loans may help you save on your taxes. You can borrow up to 90% of the equity you have in your home and may have the option to deduct 100% of the interest paid from your taxes. Check with your tax advisor to see how the tax laws affect you.
- Have you had to pass up a major purchase or home improvement, simply because you didn’t have the cash?
- Have you missed out on an investment opportunity because your funds were tied up?
- Have you been faced with an emergency or unexpected major expense?
If you answered Yes to any of the above questions, then consider a FCN Bank Home Equity Loan.