With a home equity loan or line of credit, you can tap into the equity you have built up in your home to meet a wide range of different financial needs. FNCB will loan money using your home equity as collateral for the loan — the amount of money you can borrow will depend on how much home equity you have, among other factors.
You may be able to borrow up to 80 percent of the equity in your home at a fixed rate, which gives you certainty with regard to your monthly payment amount.
Once you’re approved, you can easily access funds up to your pre-approved credit limit. This gives you maximum flexibility to borrow money quickly when you need it.
If you have excellent credit history, you could
be mortgage-free in as little as 7½ years.
This loan features a fixed interest rate and stable
monthly payment amount.