Home Equity Loans
Get a home equity line of credit with Meridian Trust! You can use the money to:
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- Pay off existing credit card debt. Consolidate your current credit cards at a lower rate, lower payment, and in one location.
- Make home improvements or renovations. Now you can do that room addition, add outdoor living space, or catch up on needed repairs at a great low rate.
- Pay for a college education. College costs are soaring, help bring them back down to earth with a low-rate HELOC loan. You can use the equity you've built up in your home to create a better life and future for yourself.
- Cover large medical expenses. When a sudden, unplanned medical expense comes up it can be hard to find the money to cover it. With deductibles, co-pays, procedures and travel, medical bills and expenses can pile up in a hurry.
For more information, email
one of our loan experts today. Or you can ask questions at any Meridian Trust branch location
, or call 1.800.726.5644
What is home equity?
Your home's equity is the difference between what your home could sell for and what you owe on the mortgage. You can use this amount for a variety of purposes, such as those described above as well as for other expenses you're facing. The interest on a home equity loan is generally much lower than on other types of loans. Some restrictions apply, including how much you can borrow and the term of the loan.
See branch for details or call 1.800.726.5644