HOME IMPROVEMENTS
Weather proof your house by replacing old windows & siding; Update existing rooms like kitchen or bath; add space for an office or gym; put on a new roof and more!
Turn your current home into your dream home!
Borrow against your home’s value and the equity you have in it to get “everything” you’ve wanted! With a closed-end home equity loan, you'll receive a lump sum and your rate and payments will remain the same for the life of the loan.
A First Citizens Home Equity Loan is great for “everything” like:
PAY OFF DEBT
If you have high balances on personal loans or other debt, you could pay less by consolidating them into a home equity loan.
OTHER LARGE EXPENSES
Things like medical bills, new furniture, once-in-a-lifetime vacation, or an unexpected expense.
PLUS with our Home “Everything” (Equity) Loan you can:
- Pick the term that works for you.
- Use it for a one-time large expense - giving you the money you need up front with predictable payments.
- Know that the great rates we are offering right now can save you money.
- Check your balance and make a regular payment instantly through our online banking.
What's the Difference?
Home Equity Line of Credit vs. Home Equity Loan
| Home Equity Line of Credit (HELOC) | Home Equity Loan | |
|---|---|---|
| Uses your home as collateral |  |
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| Access your money in Online Banking | |
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| Receive your money as a lump sum | |
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| Draw on funds as needed up to your limit | |
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| Can be used again and again | |
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| No penalty for early payoff | |
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| Can replace your current home loan | ||
| Ready to Apply? |
Home Equity Line of Credit (HELOC) |
Home Equity Loan |