Home Equity Loans & Lines of Credit
Univest gives you a choice of two home equity financing options. One is sure to fit your needs and your lifestyle.
Home Equity Line of Credit - 4.75% APR* or Lower for Qualified Applicants
- Enables homeowners to borrow up to 80% of the appraised value of their home.
- Borrow from $5,000 to $100,000 for whatever purpose you choose.
- Variable interest rate.
- Rate changes as prime rate changes.
- Interest paid may be tax-deductible, consult your tax advisor for details.
- Save money by paying interest only on the amount you borrow.
- Save time by writing checks or using an ATM to access your line of credit.
- NEW Fixed Rate Option: You can fix the interest rate and your payment on all or a portion of your outstanding balance should rates begin to rise. There is no need to apply for a new loan. Your credit line remains active and your installment payments replenish your credit line.
Fixed-Rate Home Equity Loan
- Rates vary for credit history and term requested.
- Enables homeowners to borrow up to 80% of the appraised value of their home.
- Borrow from $5,000 to $250,000 with terms from 12 to 180 months.
- Interest paid may be tax-deductible, consult your tax advisor for details.
- Provides the security of a fixed monthly payment.
- Easy budgeting with a guaranteed interest rate for the term of the loan.
- Receive a 0.25% discount on your installment loan with automatic payments from a Univest deposit account.
- Flexibility to choose date of monthly payment, method of payment and monthly payment amount.
* Annual Percentage Rate
For more information or to apply for a loan, call or visit any one of our convenient Financial Service Centers located throughout Bucks and Montgomery Counties.
