Home Equity Loans
Tap into the equity in your home to access the money you need for life’s other priorities.
A home equity loan is a one-time lump-sum loan allowing you to borrow against the equity of your home and make fixed payments over a certain number of years. How does it work? In short, you and your loan officer agree on a lump-sum amount, you receive the entire amount in one transaction, and you repay the loan with fixed monthly payments over a set period of time. The interest rate is calculated in your total fixed monthly payment.
With our Home Equity Loan, you can access cash to make home improvements, pay-off bills such as high-interest credit cards or medical expenses, and even pay for that vacation you’ve been waiting for!
In some cases, we will even directly pay off your creditors, or give you a check for your personal use! We’ll work with you to set up terms and payment options that you can financially meet.
Apply at Any Branch
Visit any City National Bank location to apply for a mortgage or home equity line of credit. Click below to find the branch nearest you.
FIND A BRANCHAppointments
Need to talk to one of our loan professionals? Schedule an appointment and we will be glad to walk you through the process.
SCHEDULE APPOINTMENTHome Equity Loan Features:
Home Equity Loans come with these features.
Flexible borrowing options
Suitable terms in relation to loan
Competitive interest rates
Requirements for a Home Equity Loan
• Valid, government-issued photo identification
• Social security card (for non-customers)
• Pay verification (Tax Return, W-2, Paystubs, etc.)
• Pertinent home information (Address, Real Estate Contract, Construction Budget, Insurance, etc.)
Disclosure
Loan product terms and rates are subject to market conditions, underwriting guidelines and credit approval/creditworthiness of the borrower(s).