-
- Credit lines as low as $10,000
- Rate can only increase 6% over the life of the loan
- Annual rate increase limited to 2% per year
Low cost, flexible financing for expenses that arise repeatedly or over time, like tuition or home improvement expenses.
Home Equity Lines of Credit
Have some equity in your home and need to access borrowed funds over a period of time because you're doing work in stages, or you have children heading off to college? Sunmark's Home Equity Line of Credit enables you to borrow money as you need it, and to pay interest ONLY on the balances you've accessed. Line amounts of up to 80% of your property value available, with a renewable 5 year period to access your line prior to a 15 year period of repayment.
Interested in consolidating existing debt to reduce financing costs? You may also want to consider Sunmark's fixed rate home equity loan to lock in today's low rates and have a fixed repayment term.
Call today to discuss your needs with an experienced staff member, or apply online for your Home Equity Line of Credit.
