The equity in your home is all yours, so we make it especially easy to tap with our Easy Equity Loan. Check our rates.

An Easy Equity line of credit can be your ticket to home remodeling, your kid’s education or a new car. As an alternative to conventional borrowing, you can use your home as collateral and obtain a line of credit based on the equity in your home. Once approved, your home equity line becomes a revolving credit resource. To access this line, simply write a check. As you repay the borrowed funds, you replenish your reserve. We’ll bill you monthly for the interest only* on the amount borrowed, and best of all, the interest on the line of credit may be tax-deductible.**

The amount of lendable equity in your home and your current income determine the amount of credit you can obtain. Use this formula to determine the amount of your lendable equity.

• Our interest rate is the Wall Street prime, usually the lowest available on 80% loan-to-value (LTV) loans.
  
• We loan up to 79.9% of the value of your home.
  
• If we need appraisal, we pay for it.
  
• We make Easy Equity loans even if your first mortgage isn't with LSB.
  
• NO CLOSING COSTS!

Stop by any LSB branch for an application and full details.

*A balloon payment will result.
**Consult your tax advisor concerning deductibility.

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