Home Equity Lending
If you’ve made progress in paying off your existing mortgage, you’ve likely built equity in your home. First United can help you borrow against that equity using your home as collateral. You can use the borrowed money for any number of purposes, like taking a family vacation or paying for college tuition. One popular choice is to use the money to remodel or update your home. This uses the value you’ve built in your home to further increase its value–a real win-win. With this solution, you get:
- Borrowing options with competitive rates
- Spending power to handle a variety of expenses
- Local expertise and decision making
- Flexible options to access your funds! Use a card or checks when shopping or transfer funds to a First United account
Lock In Your Rate
At First United, you don’t have to choose between a revolving line of credit or a term loan. Our Home Equity Lock-In Line of Credit account allows you to get the best of both worlds; a revolving line of credit and the ability to lock in a fixed interest rate on up to three portions of your line for 5, 10 and 15 year periods.*
A portion of your line can be a revolving line of credit that lets you write checks for any expense. And you can use other portions of your line to pay for large purchases. It can all be done on a fixed interest rate, or you can choose a variable rate in order to take advantage of market rates. Talk to our lending team today to see which option is best for you. Stop by or fill out the form below to receive a call from one of our associates.
Additional Features and Services
Execute all sorts of banking transactions without having to leave your home or office. It’s easy and secure.
On the run? You can access account balances, transfer funds and even pay bills using our mobile app.
Just snap a picture of your deposit with your smartphone, press a few buttons, and you’ve completed your banking for the day.
Visa Debit Card
Earn reward points without accumulating debt with the card that links to your checking account.
Access account information, transfer funds, and even place check reorders 24-7 from the convenience of your phone.
Customer Service Center
Our skilled associates are just a phone call away, until 8 PM on weekdays, to answer all your banking needs.
We’re passionate about building customized solutions.