Union Bank
Union Bank
11755 E. Bluewater Hwy.
Pewamo, MI 48873
Phone: (989) 593-2886
Fax: (989) 593-4096
Home Equity
Are you looking to make the most your home’s equity? Union Bank offers superior service and quality, making it quick and easy to get the loan or line of credit you want.
CLOSED END HOME EQUITY LOANS
* This type of loan has a fixed monthly payment for a specified period of time
at a competitive interest rate.
* Popular uses include home improvements and debt consolidations.
* Secured by a mortgage on your personal resident.
* Your loan can be set up to have payments automatically taken out of your
Union Bank checking or savings account.
* The interest you pay on this loan may be tax deductible. Consult your tax
advisor.
HEM LINES (HOME EQUITY LINES OF CREDIT)
* This type of loan offers you the benefit of a pre-approved credit line that
can be used any purpose you desire.
* Variable interest rate.
* Minimum monthly payment (interest only).
* Revolving credit limit
* Ideal for those borrowers looking for a loan product with more flexibility.
* Secured by a mortgage on your personal residence.
* Credit limits up to 85% of appraised value or two time the state equalized
value less any existing mortgage balance
* Your loan can be set up to have payments automatically taken out of your
Union Bank checking or savings account.
* The interest you pay on this loan may be tax deductible. Consult your tax
advisor.
Contact Union Bank today for more details
Rates accurate as of 01/16/2010. Rates may vary based on credit history and underwriting guidelines. Rates and terms are subject to change without notice. Some restrictions may apply. Property insurance is required. Home Equity Line of Credit maximum is 25%.
All content © 2010 Union Bank. All rights reserved.
Votes:10
Comments: 0