Invite one in from the cold, then come see us for a low-interest home equity loan or line of credit. By spring, you could have a refinished basement or a new kitchen.
At Arsenal, you can borrow up to 100 percent of the equity you have in your home and have the closing costs paid for by us. “Equity” is the difference between what you still owe on your house (your mortgage balance) and what your house is currently worth on the market (the appraised value).
Interest on home equity loans is often tax deductible; check with your tax advisor for details.
We are an Equal Opportunity Lender. NMLS 401926