If you need help with expenses, a home equity loan or second mortgage allows you to borrow against the value of your home to finance the expense. You can use the cash from a home equity loan for whatever you need:
- College education
- Credit card debt consolidation
- Down payment on a second property
- Home repairs/renovations
The loan process is similar to a first mortgage. You will receive the money in a lump sum, and you will make monthly payments of a set amount over a fixed period of time. Typically, you will continue to make your original mortgage payments along with payments on the home equity loan. Interest on the loan may be tax deductible*.
* Consult your tax advisor
We can tell you more about our home equity loans and home equity lines of credit.
Serving All Communities
Trident is dedicated to making home ownership a reality for all families. We offer many affordable housing options through our partnerships.Get Started
It's easy, secure and only takes a few minutes.Get Started
Our short video guide takes you step by step through the mortgage application process.Watch Now
What Our Customers are Saying
It was a pleasure working with Barbara Norwitz.~ J.T.