Accessing the equity in your loan is often a smart way to fund home improvements, finance education costs, consolidate debt, or pay for other large expenses. Sun National Bank offers a home equity line of credit (often called a HELOC), which is set up as a line of credit with a maximum draw, rather than a fixed dollar amount. It is a form of revolving credit where your home serves as collateral.
Finance up to 80% of primary home value
Finance up to 75% of non-primary residence properties
Interest only option available for first 36 months (80% max LTV primary; 75% non-primary)
Variable interest rate
Access account with loan checks
$10,000 minimum advance required at account opening
Lower interest rates with auto payment from your Sun National Bank account
To apply, stop by any Sun National Bank branch, call 1.800.SUN.9066 or click "Apply" below.
Subject to credit approval. Verification of income (such as a current pay stub and W-2 or two years tax returns for those who are self-employed) and other information will be required for anyone applying for a loan.