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Home Equity Loans



Whether you are looking to complete a home improvement project, consolidate debts, or provide funds for educational needs, a Cornerstone National Bank Home Equity Loan is an excellent way to utilize the borrowing power of your home to meet your personal needs. Detailed below are two different Home Equity Financing Options that Cornerstone National Bank offers,

Home Equity Line of Credit

A home equity line of credit is a variable-rate, revolving line of credit based on the available equity in your home and other qualifying criteria.

Features and Benefits

• No application fee and all closing costs are paid by Lender (Primary Residences Only)
• Five Year Terms, with any outstanding balances due at maturity.
• Competitive Interest Rates based on your credit limit.
• Monthly payments are interest only on the outstanding principal balance borrowed.
• Non Primary Residence home equity lines are available.

Home Equity Loan

A home equity loan is a loan based on the available equity in your home and other qualifying criteria. This type of loan makes budgeting easier with a simple fixed-interest rate and fixed payment amount.

Features and Benefits

• No application fee.
• Loan terms up to 5 years with longer amortization loan terms available.
• Competitive Fixed Interest Rates, with discounts for auto debit from an account at Cornerstone National Bank & Trust Company.
• Monthly payments are principal and interest.
• Non Primary Residence home equity loans available.

For additional information and the terms and conditions of our Home Equity Lines of Credit or Loans, please contact our Personal Lending Team.

You may also submit an online inquiry.

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