Our home equity lines offer financial convenience. You can access the equity in your home simply by writing a check, via online banking or by making a phone call to Deerwood Bank.

Lines of Credit

The line of credit could be used to purchase a vehicle or boat, finance an education, or use it for some of those home improvement projects that you have been thinking about. Once your line of credit is in place, you can borrow from it time and time again. Interest may be tax deductible, so consult with your tax advisor for possible tax advantages. Talk with one of our mortgage specialists to open a home equity line of credit today! View our home equity line of credit application disclosure»

Apply Today

Apply today by filling out our easy online form Apply»

Mortgage Loan Calculator

The accuracy of this calculator depends on your input and its applicability to your circumstances is not guaranteed. Results should be discussed with a qualified professional before any product purchases or loan commitments are made.


Frequently Asked Questions

Q: What else should I know about home equity lines of credit?
Q: Where can I learn more about Shopping for a home loan?

Check out this handy Settlement Costs Booklet to find out more.

Q: Do I need an appraisal to obtain a home equity loan?

In some circumstances, we can use your county’s estimated market value in place of an appraisal to save you time and money. Consult a mortgage specialist today for more information.