What is a home equity installment loan?
Home Equity Installment Loans-A home equity installment loan is a fixed rate loan. That means the interest rate and annual percentage rate (APR) will stay the same for the life of your loan. The product is very similar to an auto loan; you'll make the same monthly payment for the entire loan.
Equity installment loan benefits:
- Low fixed rate for the life of the loan
- No income documentation loans are available
- No appraisal options available
- Interest only payments - interest can be a tax write-off*
- A variety of product terms available.
Check out today's equity line of credit rates using our free, quick rate search:
- Call our equity specialists for a free debt analysis consultation today.
- Learn more about our home equity line of credit loans.
- Learn more about our simple, fast loan process.
* Consult with your tax advisor.
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