
Home Equity Loans
You work hard to afford that house, and what does it do for you? Nothing! It just sits there! Well not anymore. A home equity loan can put your home to work.
Use the equity that you've built up in your home to get financing to buy a new boat, pay those tuition expenses, or just about anything else you can think of. The interest may even be tax deductible!
- Summary
- Fixed rate
- Based on value of home
- Use funds for most anything
- Flexible terms
- Interest may be tax deductible*
- Local processing and underwriting
- Quick decisions
- Affordable payments
- Personal service
- Experienced loan professionals
- Easy application process
*Please consult your tax advisor regarding the deductibility of interest.
- HOME EQUITY LOAN SPECIAL
5 - year home equity loans as low as 3.64% APR*
*Annual Percentage Rate effective 3/6/2012. Offer available for a limited time only. Minimum $10,000 loan, first lien, to receive advertised rate. Maximum Combined Loan-to-value up to 80% or less. Credit Score 640 or higher. Borrower pays all closing costs. Sample payment on a 5 year $10,000 loan is 59 monthly payments of $44.91 and one final payment of $9014.51. Payments do not include amounts for taxes and insurance premiums, if applicable. Rates and loans are subject to American Bank underwriting guidelines and credit approval. Other qualifying ratios and terms may apply.





