What's New at
AmeriChoice?

Over the past year, we’ve found ourselves at home more than we would usually be, or maybe even like.  You’re probably noticing things around your house that you’ve always wanted to fix, but haven’t had the time, or finally commit to the addition you’ve been talking about since you moved in to get you that extra space so you can stop working from the couch.  But, how will you pay for it?  With an AmeriChoice Home Equity loan!

When you take out a home equity loan, you’re giving yourself flexibility, access to funds to complete home improvement projects, access to emergency funds, should you need them or funds for anything else you might need.  Should an emergency arise, you’ll just need to do a transfer from your home equity line of credit in online banking and you’re covered. 

AmeriChoice offers two types of home equity loans, a home equity loan, which is a closed-ended loan and a home equity line of credit, commonly referred to as a HELOC.  Both of the loans will use your home as collateral, but a HELOC allows you the freedom to draw on those funds at any time for home improvement projects or emergency funds. 

The great thing about a HELOC is time.  You don’t have to do all of your projects at once, you have the ability to redo a bathroom and replace the kitchen appliances at your own pace.  All you’ll have to do is a transfer in online banking to cover what you’ll need and you’re good to go.  And if you have another project you want to complete in a few months or years, you’ll have the HELOC available to you. 

We understand that applying for a home equity loan is a big decision, and if you have any questions about home equity loans, our Financial Service Representatives will be happy to help!  If you’re interested in applying for a home equity loan, you can start an application on our website and one of our Financial Service Representatives will reach out to you.