Using the equity in your home is a great way to pay for a variety of things, such as home improvement, education or medical expenses, or even to consolidate debt! A fixed second mortgage is a quick and easy source of funds with a set payment amount and a set due date.
Questions? Call us at 801-399-9728
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How It Works |
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Competitive rates |
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Tax-deductible interest |
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Quick application and approval process both in-branch and online |
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Automatic payment options |
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You have funds available when you need them |
Both options use the equity in your home, but there are key differences.
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Fixed Interest Rate |
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Variable Interest Rate |
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Lump Sum Amount with a Fixed Term and Payments |
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Draw Money As You Need It |
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Pay Interest Only on the Amount You Draw |
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Check out these other great products and services from ACU!
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