Home Equity / Lines of Credit

Cover Major Expenses the Smart Way

Your Home is Your Asset.
Did you ever want to add another room or build a deck? Or are you struggling to pay off college tuition?

By using the equity in your home, you may qualify for a sizable amount of credit, available for use when and how you please, at an interest rate that is relatively low. 1st Choice Mortgage has a diverse line of home equity loans, including fixed-rate loans with terms up to 15 years.

What's more, under the tax law, and depending on your specific situation, you may be allowed to deduct the interest because the debt is secured by your home.

Major Credit for a Major Asset.
If you are in the market for credit, a home equity plan may be right for you. A home equity line of credit is a form of revolving credit in which your home serves as collateral. You will be approved for a specific amount of credit, which is your credit limit, the maximum amount you may borrow at any one time under the plan.

At 1st Choice, simply tell us your needs. We'll help secure the credit that you can use for just about any purpose.

Popular Uses for a Home Equity Loan

  • Bill Consolidation
  • College Education
  • Automobile Purchase
  • Medical Expenses
  • Business Development
  • Taxes
  • Vacation