Home Equity Loan
A Home Equity Loan from Penn Community Bank is dependable and gives you all your money at once. Then, you pay it back in fixed monthly payments deducted automatically from your personal checking or savings accounts.
Features:
- Fixed interest rate
- Receive your money up front, then pay it back in regular monthly payments
- Payments can be automatically deducted from checking or savings account
- Borrowers who have payments automatically deducted from a checking or savings account will receive a discount off the interest rate
- Interest may be tax deductible
