Home Equity Loans
Fixed Rates and Payments
A Bank of Canton home equity loan offers borrowers an attractive fixed interest rate with the security of a fixed monthly payment.
- Competitive rates
- Choose from 5-, 10-, 15- or 20-year terms
- No fees or closing costs
- Borrow as little as $5,000, and as much as 80% of your property’s appraised value (up to $300,000)
- Automatic payments available from Bank of Canton checking or savings account
- Interest may be tax deductible (consult your tax advisor)
Before applying, compare the benefits of a home equity loan to a line of credit. Your local Bank of Canton branch staff can explain the advantages of each, and help you choose the best financing option to meet your needs.
Related Products and Services
Providing borrowers with competitive rates and easy, convenient access to credit when they need it.LEARN MORE
Home equity lines of credit provide ongoing access to funds at a low, variable rate. Draw on your line as often as needed, within your line limit.LEARN MORE