Transform your home's equity into real money.

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Home Equity

Put the equity in your home to work for you with a home equity loan or line of credit from First Bank of Berne. A home equity loan may be the financing option for you if you are looking to make a large one-time purchase or want to consolidate a specific amount of debt. Alternatively, stay financially flexible with a home equity line of credit. With a line of credit, you can borrow and repay on a revolving basis, giving you access to money you need for emergencies, large purchases, or the unexpected.

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Home Equity Loans

Multiple repayment terms available
Minimum closing costs
Utilizes equity in existing property
No PMI (Private Mortgage Insurance)

Home Equity Line of Credit

15 year term
Low closing costs
24/7 access to funds via on-line banking
Utilizes existing equity in your home
No PMI required
Interest only payments (only pay interest on what you use)
No annual fee & no prepayment penalty
Interest may be tax deductible (contact your tax advisor for details)
Can be used as overdraft protection on your First Bank of Berne checking account)