Home Equity Loans

• Competitive rates for several short-term or one-time needs:
• Education expenses
• Major life events
• Home remodel projects
• Debt consolidation
• And more
• The existing equity in your home is used as collateral backing
• Up to 80% loan-to-value ratio
• Accommodating repayment terms that work uniquely for you
• The interest paid may be tax deductible*
• No closing costs**
• No prepayment penalty
• Receive funds in one lump sum
• Loan debt protection available
• Local decision-making and processing right here in Mid-Michigan
• Customized, friendly service from our experienced lending team

*The maximum annual percentage rate that may be imposed in a variable-rate plan is 25%.

Your home is a place for warmth and lasting memories, but it can also be a source for smart financing. With a home equity line of credit from TRUE Community, you can receive the flexibility to use and re-use funds as needed.

• Secured by the existing equity in your home
• Funds available without reapplying: apply once, then use as needed thereafter
• Available for a wide range of short-term or one-time needs:
  • Home improvements
  • Tuition
  • New vehicles or vehicle repairs
  • And more
• Revolving credit — available balance replenishes as you make payments
• The interest paid might be tax deductible*
• Only pay interest on the part that you use
• Terms tailored to your specific needs
• Local decision-making and processing right here in Mid-Michigan
• Customized, friendly service from our experienced lending team

*The maximum annual percentage rate that may be imposed in a variable-rate plan is 25%.