FDIC-Insured - Backed by the full faith and credit of the U.S. Government
FDIC-Insured - Backed by the full faith and credit of the U.S. Government
From the very beginning, we’ve strived to give our customers more through trustworthy banking services. At Freedom Bank, you’ll find personalized, exceptional service from neighbors you know and trust. We offer Home Equity Loans, as well as, a full range of lending options. For details about Home Equity Loans, or to see if one’s right for you, contact us today at (304) 457-3300 and let’s make the possible happen for you!
If you’re not sure what a Home Equity Loan is, you’re not alone. Many people wonder what Home Equity Loans are for and how to get one, and Freedom Bank can help. A Home Equity Loan uses the equity of a borrower’s home as collateral. The loan amount is determined by the value of the property, and the value of the property is determined by an appraiser of the home and property. A Home Equity Loan creates a lien against the borrower’s house and reduces actual home equity. These loans provide funds for a desired purchase, especially if your home is worth more than you owe on it. You can also take advantage of the typically lower interest rates of the Home Equity Loan (as opposed to credit cards and personal loans). A low rate can help keep borrowing costs low. Wondering if a Home Equity Loan is right for you? Contact one of our knowledgeable team members today!
*Home Equity Loans are subject to credit approval.
Our Loan Officers are available to create a loan unique to each customer, based upon certain factors such as; need, credit, collateral available, and risk. We are dedicated to enriching the community in which we live through our dynamic financial support. contact a dedicated member of our team today at (304) 457-3300.
