You’ve built up equity in your home. Now’s the time to set it free.

Home Equity Lines of Credit and Home Equity Loans are both ways to borrow based on the equity you have in your home:

• Home Equity Lines of Credit offer more flexibility, allowing homeowners to borrow, repay, and borrow again as needed, making them ideal for variable expenses like home repairs or education costs. With a HELOC, you only pay interest on the amount you borrow, not the total credit limit.

• Home Equity Loans can be an ideal option for homeowners who need a lump sum of money upfront, such as for a large home improvement project or debt consolidation. One advantage of a Home Equity Loan is the predictable, fixed payment schedule that makes budgeting easier over the life of the loan.

Kearny Bank offers a variety of Home Equity Lines of Credit and fixed Home Equity Loans to choose from, and payments can be automatically deducted directly from your Kearny Bank checking account. There is also no prepayment penalty.

For more details call us at 800-273-3406.