Home Equity Loans

Your equity can get you a great rate

Use the equity in your home to finance a renovation project or other unexpected expenses

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With a home equity loan, you get one lump sum up front and pay it back with monthly payments over a specified length of time. Because the loan is secured by the equity in your home, you can typically get a lower rate than you would on an unsecured loan.

You can use your home equity loan to finance any kind of major project or purchase, such as remodeling your home, paying for college, or buying an investment property.


Create an account and complete your application

Enter your information to get the process started.

Get Started


Get approved

We’ll review your application and give you an answer in about a week1


Use the funds

If you’re approved, you’ll have access to the money in about 30 business days.2

No, there are no limitations on how you can use the money from a home equity loan. While many people use home equity loans to finance a remodel, you can also use your loan to consolidate your debts, pay for college or other education costs, or cover any other large or unexpected expenses.

In many cases, we can give you an answer in about a week. However, if we have to ask for additional paperwork to support your application, then your decision could take a little longer.

We recommend that you talk with your tax advisor before making any decisions.

With a home equity loan, you’re using your home as collateral for the loan. If something happens and you default on the loan, the lender can foreclose, and you would lose your home.

It’s also possible that the value of your home could decline over time. If that happens and you need to sell your home, you could owe more money than your home is worth.

Your credit score affects the interest rate you qualify for when you apply for a loan or line of credit. With a higher credit score, you can usually qualify for a lower interest rate, which lowers your monthly payment and reduces the overall cost of borrowing.

If you’re not sure what your credit score is, you can request a free copy of your credit score every 12 months from https://www.freecreditreport.com/. If your credit score isn’t as high as you’d like it to be, here are some tips for improving your credit.

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Whether it’s in a branch or over the phone, you’ll always talk to a real person.

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Get in touch with a real specialist expert at Global to discuss a home equity loan, home equity line of credit (HELOC), or land loan.

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1 Loan decisions may take longer if additional documentation is required to prove creditworthiness.

2 Deposits may take longer if we cannot verify your account information.