Home Equity Loans
With Metropolitan EquityLoan, EquityLine and MetroEquity home equity loans, you have the ability to use the equity in your home to secure an installment loan or line of credit to finance home improvements, major purchases such as cars, boats, home furnishings, school tuition, vacations, and even debt consolidation. And the interest on home equity loans is usually tax deductible. Using the equity in your home may be one of the smartest, most cost effective ways to borrow money. Consult your tax advisor concerning tax-deductibility.
Click here for a home equity loan application, then view a checklist of what you will need to apply for a Metropolitan home equity loan. Call or visit one of our nearby and neighborly branch locations for more information on rates and terms.
A fixed rate installment loan that uses the equity in your home as collateral to secure the loan. The amount and length of term of your EquityLoan determine your monthly payments. Typical uses may include debt consolidation or major purchases such as a car or boat. And the interest may be tax deductible. Consult your tax advisor for tax deductibility.
MetroEquity Auto Loan
MetroEquity loans are traditional auto loans that offer a distinct advantage to homeowners by providing a possible tax deduction. Consult your Metropolitan banker and your tax advisor to see if this product works for you.
Important information about procedures for opening a new account
To help the government fight the funding of terrorism and money-laundering
activities, federal law requires all financial institutions to obtain, verify
and record information that identifies each person who opens an account. What
this means for you: When you open an account, we will ask for your name,
address, date of birth, and other information that will allow us to identify
you. We may also ask to see your driver's license or other identifying