Home Equity Loans
Home Equity Line of Credit (HELOC)
Whatever your goal, BayCoast has the right loan product to fit your needs. Through our affiliate, BayCoast Bank, we’re offering a special low rate on our home equity line of credit. All loans subject to credit approval. Program guidelines may change without notice.
Home Equity Loan (HELOAN)
A Home Equity Loan, often called a second mortgage, uses your home as collateral. The loan amount is based on the appraised value of your home minus the balance owed on your current mortgage. Unlike a Home Equity Line of Credit (HELOC), a Home Equity Loan (HELOAN) provides a lump sum amount at a fixed interest rate.
Contact us for current interest rate information and full details. All loans are subject to credit approval, and other restrictions may apply. Program guidelines may change without notice. BayCoast Bank NMLS #403238.
