Have you built up equity in your home by paying down the mortgage? Take advantage of this asset by using your home equity to finance a large expense at a low interest rate. Homeowners use home equity loans for a variety of expenses such as a kitchen renovation project, a child’s college tuition, and consolidation of higher interest debt. As your longtime community bank, PB&T enjoys helping customers fulfill important goals with the flexibility of a home equity loan.
Is a Home Equity Loan Right for You?
How do you know if a home equity loan is the best fit for you? Our local lenders can discuss your overall financial picture and needs to help you answer this question. Overall, a home equity loan is like a second or smaller mortgage on your home. For homeowners with enough equity who plan to remain in their homes, a home equity loan allows you to borrow money for any purpose at much lower rates than unsecured forms of credit. Choose between a lump sum home equity loan and a more flexible home equity line of credit (HELOC).
Apply for a Home Equity Loan at PB&T Bank
PB&T has a long history of providing solid, reliable products and services. We’ve continued to thrive in spite of major twentieth-century hardships. Our customers appreciate the feeling of stability and security we offer. Unlike online lenders and national banks, you can rest assured that we are here today, and we will be here for many tomorrows. And our longtime community presence gives us a nuanced understanding of local real estate markets and home values. Call 1-888-728-3550, send us an email or visit one of our locations for more information on our Home Equity Loans.
What you need to apply
To apply for a home equity loan at PB&T Bank, you must be at least 18 years or older and provide the following documentation:
- Name
- Date of Birth
- A Social Security Number or Tax Identification Number
- A U.S. residential street address
- State-issued driver’s license or identification card, passport or military ID
- Verification of Income (pay stubs, W-2s, tax returns, etc.)
- A completed, signed application
Want to learn more? Call 1-888-728-3550, send us an email or visit one of our locations for more information.