How long have you been dreaming of renovating the bathroom or adding your dream outdoor space? Use the Home Equity Loan to renovate your home and increase its value.
A Home Equity Loan is a type of loan that allows homeowners to borrow money against the equity they have built up in their homes. This type of loan can offer lower interest rates than other credit alternatives and more flexible payment terms. With Fidelity Bank’s 0.00% APR* promotional offer for the first three months, a Home Equity Loan can be a great option to help you achieve your goals and maximize cash flow. Here are few things you can do with a Home Equity Loan:
Don’t wait weeks for loan approval. With our Home Equity Loan, you can fast-track** your goals and get the funds you need in just 5 days.
*Promotional offer of 0% Annual Percentage Rate (APR) for first three months can be paired with any current Fidelity Bank home equity loan product. Offer available only on: 1-2 family owner-occupied homes and condominiums; loans from $10,000 to $100,000; up to 75% combined loan to value; and with an automatic payment deduction from any Fidelity Bank Checking Account. Property insurance required. The mortgage Note Rate will be temporarily reduced by the full amount of the APR for the first months of the loan via a bank-paid credit. The bank will fund an escrow account and disperse funds to cover the full interest during the three-month period. Example Loan Transaction: A 5-year fixed rate home equity loan, with an APR of 5.990% (current on 3/28/23), is repaid in 60 monthly payments of $19.33 per $1,000. The exact APR will depend on the type of loan, amount of loan, and current rate. Offer subject to change or cancellation at any time. Additional restrictions may apply. All loans subject to credit approval. NMLS# 452347. **5-Day Fasttrack approval is within five (5) business days from when Fidelity Bank receives all required documentation from borrower(s).