Home Equity Loans & Lines of Credit Lenders in Murray

"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."