Home Equity Loans & Lines

Is it time to do that home improvement, go on that dream vacation, consolidate your bills, or send your kid to college? A Home Equity Loan or Line may be the perfect solution. Not only will you be putting the equity in your home to work for you, the interest you pay may be tax deductible*.

Home Equity Loans have a fixed rate, term, and payment; perfect for those who need money for a large one time expense.

• No application fee
• Fixed rate & terms
• Automatic payment from your Union Bank & Trust account decreases your rate by 1/4%
• Life insurance available
• Payment coupon book available

Home Equity Line have a variable rate that is usually tied to the Prime Rate and they are a great resource in helping you deal with those unexpected expenses by allowing you to borrow money as you need it. For rate information contact your local branch.

• No Application fee
• Fixed line amount of credit
• Use as much or as little of the line as needed
• No closing cost on lines up to $250,000 if line is open 3 years or more, lines over $250,000 will receive a $600 credit towards closing cost
• Using Union Bank & Trust automatic draft decreases your rate by 1/4%

Would you like a brochure? If you need more information you can also stop by a nearby Union Bank & Trust branch or call us for more details.

*Consult a tax advisor