Using the equity you have built in your home can be a smart way to finance home improvements, higher education, large purchases or to consolidate higher interest rate debt. At Patriot, not only do you get a low interest rate, but the interest portion of your payments may be tax-deductible (consult your tax advisor for details). Choose from a fixed rate Home Equity Loan or variable rate Patriot Equity Line.
Home Equity Loan
A Traditional Home Equity Loan at Patriot provides a fixed APR1, one lump-sum payout, and equal monthly payments over a specific time period.
- Loans up to 100% of the equity in your home
- Interest rate and payment are fixed for the life of the loan
- No prepayment penalty
Putting Money in Your Pocket for Less!
1 – Annual Percentage Rate. All loans subject to credit approval.