Loans and Lines of Credit:
Put Your Home to Work For You
A Wescom Home Equity Loan or Home Equity Line of Credit allows you
to borrow against your home's equity. Plus, interest on a Home Equity Line or Loan
is generally tax-deductible up to $100,000 (consult your tax advisor).
Use the cash for home improvements, tuition, or other major purchases;
or use the money to pay off higher-interest debts and save hundreds
of dollars per year.
Note: Wescom makes Home Equity Loans (closed end) and Home Equity Lines of Credit in California only. Please call us at 888-493-7266 ext 5900 for details.
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- Home Equity Loan - Offers a fixed rate and closed end term. Borrow up to 80% of your home's equity or $250,000.
- Express Home Equity Loan - for home owners who have little or no equity in their homes. You can borrow up to $25,000 on your primary residence.
- Home Equity Line of Credit -
An open-ended credit line with an adjustable rate. Borrow up to 80% of your home's equity or $250,000.
- Express Home Equity Line of Credit - A credit line designed for home owners who have little or no equity in their homes. You can borrow up to $25,000 on your primary residence.
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