Build your home on a solid foundation.
A Community Home Equity Loan is designed for low and moderate income wage earners¹ enabling them to borrow against the equity in their home. This product is an excellent source of financing for home repairs, remodeling and other personal expenses – with the added benefit of potential tax deductibility of interest paid on the loan². Home equity loans up to $100,000 can be secured by the equity in your primary residence –$50,000 if you have an existing mortgage that you choose to not refinance into the new home equity loan. Features include no private mortgage insurance or prepayment penalties
HomeStart is a special mortgage program designed to lower barriers to homeownership for low and moderate income wage earners.¹ Loans for up to 97% of the value of your home with no private mortgage insurance or prepayment penalties or escrow account required.
All loans are subject to credit and underwriting approval. Some fees and restrictions may apply or other terms and conditions may apply.
¹As defined by the U.S Housing and Urban Development "HUD."
²Always consult your tax professional for additional information