Affordable Home Equity Loans That May Be Tax Deductible±*

When you need to consolidate debt, buy a new car, finance a college education or need money for another purpose, consider a ColeTaylorBank home equity loan or line of credit. Your home’s equity is the difference between what your home is worth and how much principal you owe on your mortgage. You can access some of that difference through a home equity loan or line of credit. And the interest you pay may be tax deductible.±

Home Equity Line of Credit*

• A revolving line of credit that offers a low variable rate tied to the Prime Rate.

• Up to an 85% loan-to-value equity line of credit. Unlike many home equity lines of credit that are based on 75-80% of your home’s value, ColeTaylor can offer you more credit on your home’s appraised value.

• You can apply for a line of credit for home repairs, paying off high interest credit card debt and more.

• 1/4% discount on the interest rate when you have the payments automatically deducted from your Cole Taylor deposit account.

Apply today!

Home Equity Loan*

• Borrow as little as $2,500 and take advantage of an exceptional fixed rate.

• Up to an 85% loan-to-value loan. Unlike many home equity loans that are based on 75-80% of your home’s value, ColeTaylor can offer you more credit on your home’s appraised value.

• 1/4% discount on the interest rate when you have the payments automatically deducted from your Cole Taylor deposit account.

Apply today!

Customized Car and Boat Loans*

Whether you are buying a new or used car or boat, ColeTaylorBank can customize a loan with the monthly payments that fit your budget. For added convenience, you can request that your monthly payments be automatically deducted from your ColeTaylorBank checking or savings account. Apply today!

Personal Loans*

We know there are times when you need extra money, but don’t wish to draw on your savings and investments. That’s when a personal loan fits the bill perfectly. We offer both secured and unsecured loans of various lengths that feature industry-competitive rates. Apply today!

*Loans Subject to Credit Approval.
±Please consult your tax advisor about the tax deductibility of your interest payments.

Contact a banker now for more information.
Or call us at
847-653-7978.