Home Equity Loans and Lines of Credit

Take advantage of the smartest way to borrow with our home equity loans and lines of credit that let you enjoy special savings and benefits. All of our home equity products offer valuable benefits, including competitive rates and potential tax-savings. (consult your tax advisor)

Home Equity Lines of Credit

If you’re looking for a smart and flexible way to borrow, we offer home equity lines of credit. These revolving lines of credit work like credit cards, allowing you to borrow and repay funds over and over again. At DNB First, you can choose from three home equity line options –

  • Easy Line of Credit.* A monthly principal plus interest payment line amortized over a 15-year period, with an initial draw period of 10 years and continuing conditional on periodic reviews.
  • Interest Only Option.* Offers a monthly interest–only payment line with an initial draw period of 10 years.
  • Prime Line* – Provides exceptional borrowers with our lowest rate home equity line of credit – Prime Rate – 0.25%, variable APR.**

Fixed Rate Home Equity Loan

If you’d prefer to borrow a lump sum and want the predictability of fixed monthly payments, a home equity loan from DNB First is a smart choice. These loans are best suited for non-recurring expenses like home improvements or major purchases, such as a car.