Home Equity Loans
With a Home Equity Loan - sometimes known as a second mortgage - a homeowner is allowed to borrow money against the equity in their home. You can use a home equity loan for anything you wish. The rates on home equity loans tend to be significantly lower than rates on credit cards, so this may be a more economical option than paying for what you need with a credit card.
CB&T offers very competitive rates on home equity loans. Contact a loan officer today by calling 753-1521.
Home Improvement Loans
Investing in home improvements yields many returns. Careful planning will protect an important asset and return years of satisfaction.
Home Improvement Loans give you:
- more money. Your loan amount is based on your home's value after improvements are made.
- more choices. If you are in the market for a new home, you can look at properties you might not consider otherwise and make improvements later.
- speed. Being a locally owned bank allows us to respond quickly - usually in just a couple of days.
- tax deductibility. The interest of your home improvement loan may be tax deductible.
Let CB&T assist you with your finances when adding on that new addition to your home, building a swimming pool or remodeling your kitchen.