| Home Equity Loans Variable Rate Home Equity Line of Credit
A Home Equity Line Of Credit (HELOC) gives you the flexibility you need to get the most out of the equity in your home. Use this revolving line of credit for trips, vehicle purchases, home improvements, or even extra cash. You may choose from a variety of terms. The interest you pay is usually tax deductable (see your tax specialist for details).
Fixed Rate Junior Home Equity Loan A Fixed Rate Junior Home Equity Loan is a second mortgage with rates being based on the equity held in the house by the applicant and the term of the loan. These have set payments made over a fixed payment schedule. Use this fixed rate loan for trips, vehicle purchases, home improvements, or even extra cash. Also, it can be combined with a first mortgage to purchase a home to avoid paying private mortgage insurance. For more details please visit a Farmers State Bank location, call FSB at 1-877-FSB-1879,
or email FSB at bank@fsb1879.com
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