home equity loans
Equity-Based Loans Fit for You
Use the Equity in My Home
Compared to other personal loans, a home equity loan or line at Bell has many benefits:
- It's secured financing, so it may have a lower interest rate than an unsecured loan
- There's no prepayment penalty
- It may have tax benefits (talk to your tax advisor)
Home Equity Loan vs. Line: What’s the Difference?
Home Equity Line vs. Home Equity Loan
Home Equity Line
Home Equity Loan
This option is great for you if you (1) want the money up front, (2) want to lock in a fixed rate, (3) prefer to pay off your loan in fixed payments, (4) need a specific amount for upcoming expenses.
Which One Should You Apply For?