No matter what dreams you have for your home, the Equity2Work Loan Program may be the ideal solution.
Equity2Work is a loan program designed for clients who specifically want to remodel their current home. The loan allows clients to borrow against the future appraised value of the home after the successful completion of the remodel.
The loan program is ideal for people who are new to their homes or don’t have as much equity as would be preferred for a home equity line of credit (HELOC) or Home Equity Loan. Equity2Work lets you turn your current home into your dream home with the added benefits of a 1-year construction window. Plus, make interest-only payments on funds as they are disbursed during construction.
Your Home, Your Way.
Key Benefits
- Convenience — Take up to 12 months for construction and make interest-only payments on funds as they are disbursed during this phase.*
- Certainty — Lock in rates upon approval of plans and other requirements.
- Flexibility — Whether it's a kitchen remodel or a spacious addition, the Equity2Work loan program allows for it all.
- Savings — You don’t have to refinance your current mortgage, allowing you to keep your current rate.