Home Equity Loans & Lines of Credit Lenders in Draper

"Make the most of your home's equity by taking advantage of the value you've been building."

"Bank of American Fork's home equity loans are closed-ended (like a typical home mortgage), while our home-equity lines of credit are open-ended, revolving lines of credit (similar to a credit card)."

Access cash from the equity in your home. Current Home Equity Line of Credit variable rates https://www.chase.com/personal/mortgage/home-equity

Whether you are buying your first home, or improving the one you have, KeyBank offers a variety of home equity loans and line of credit options to meet your needs - both big and small. (from https://www.key.com/personal/home-loans-lines/home-loans-lines.jsp)

"Get the cash you need to pay down credit card debt, remodel the kitchen, buy a car or take care of other financial obligations."

Home Equity Line of Credit. HELOCs let you access funds as you need them, similar to credit cards — but with rates that are typically lower. (from https://www.usbank.com/home-loans/home-equity/)

A HELOC is a loan that is underwritten using your current home's value. For example, if you've owned your home for 10 or so years, then you likely have a significant amount of equity, or money, invested in it. A HELOC essentially serves as a sort-of second mortgage, so the bank would give you a maximum loan amount for you to use based on the equity that you have in your home. (from https://www.washingtonfederal.com/blog/news-and-articles/2017/01/27/what-is-a-home-equity-line-of-credit)

Get ongoing access to funds with a home equity line of credit by itself or combined with a first mortgage.

Home Equity Credit Line "Because your home equity line of credit is secured by your home, the interest rate is usually lower than with other types of loans."