Home Equity
Our Loan Officers will take the time to determine the best way to access your home’s equity
A home equity loan or line of credit enables you turn your home’s equity into money for home improvements, debt consolidation, college education or any other expenses. You can put your house’s equity to work for you. Atlantic’s professional loan officers will review you lending requirements and advise whether a fixed rate loan or line of credit is the best option for you.
Fixed Rate Home Equity Loan
A fixed rate home equity loan is often the appropriate choice to finance a major one-time expense, such as, the down payment for a real estate purchase, wedding expense or debt consolidation. You may also choose to refinance an adjustable rate equity line of credit to secure a fixed rate.
Advantages of Fixed-Rate Mortgages:
- The interest rate and payment will not change throughout the term of the loan
- Consolidation of credit card debt to lower your monthly payments
- Easier to plan your monthly budget and cash-flow
- Interest payments are tax-deductable (consult your tax advisor)

