HOME EQUITY LOAN 

Not sure which type of home equity product is right for you? Our home equity guide can help you decide. You can also print off a home equity Education Guide for additional information.

AnchorBank home equity loans offer several advantages:

• Tax-deductible interest - consult your personal tax advisor to see if you qualify
• Fast approvals - usually within one day
• Competitive interest rates - fixed or variable rates are available
• Low monthly payments - payback terms of up to 20 years
• Easy automatic loan payments from checking or savings account

Home equity rates vary by the term of the loan, the Loan-to-Value Ratio (LTV), your credit score and whether or not you use the Anchor automatic payment plan. For details and more loan options, see our home equity comparison chart and rates table.