Home Equity
Turn your hard-earned home equity into financing for short and long-term needs.
At Parkway Bank we offer competitive-rate home equity loans and lines of credit secured by the available equity in your home. Turn that sweat equity into a new vehicle, a kitchen renovation, or nearly anything in between. Best of all, the interest paid might even be tax deductible*!
Home Equity Loans
- Competitive fixed and variable rates for a wide range of short-term or one-time needs:
- Home improvements
- Education expenses
- New vehicles or vehicle repairs
- And much more!
- Secured by the amount of available equity in your home
- The interest paid might be tax deductible*
- Budget-friendly repayment terms, tailored to meet your requirements
- Prompt, local decision-making and processing
- Friendly, helpful service from our experienced lending team
Home Equity Lines of Credit
- Competitive fixed and variable rates for a wide range of long-term or ongoing needs:
- Home improvements
- Education expenses
- New vehicles or vehicle repairs
- And much more!
- Secured by the amount of available equity in your home
- Funds available anytime without reapplying; apply once, then use as needed thereafter
- Easily access funds in person or over the phone with a loan officer
- Revolving credit – available balance replenishes as you make payments
- The interest paid might be tax deductible*
- Only pay interest on the part that you use
- Budget-friendly repayment terms, tailored to meet your requirements
- Prompt, local decision-making and processing
- Friendly, helpful service from our experienced lending team
*Consult a tax advisor.