HOME MORTGAGES
- Conventional Mortgages
- Construction Loan
- Land Loan
HOME EQUITY LOANS
- Home Equity Installment
- No annual fees.
- Can be used for home improvements and other major purchases.
*Loans up to 90% of your homes appraised value if SMBT holds your first mortgage, or 80% if with another lender.
HOME EQUITY LINE OF CREDIT (HELOC)
WHAT IS A HELOC?
A Home Equity Line of Credit (HELOC) is a revolving line of credit secured by the value of your home.
- No geographic restrictions of income limit.
- Loans up to 90% of your homes appraised value.
- Choose between variable and fixed rate structures.
- HELOC's often have a lower interest rate than other types of loans or credit cards. The interest paid may also be tax deductible (consult your tax advisor).
All loans subject to approval.
SMBT NMLS #480296