Make your home nicer and make your life better
At First American Bank, fixed-rate home equity loans come with low rates and no strings attached. You can use the money for anything from home remodeling to college tuition to paying off credit card debt. Flexible terms allow you to choose the repayment option that is best for you.
- Fixed interest rate for the life of the loan
- Know at the start how much you will be paying every month
- Loan terms up to 120 months
- No closing costs*
Subject to credit approval. Standard rates apply. *NO CLOSING COST OPTION: If at the time of closing you set up an AFT or ACH to make the monthly payment on your loan and within the first statement cycle elect electronic statements, we will pay the Third Party Fees and Charges associated with closing on your loan, including, but not limited to, appraisal, title, flood, credit report, stamp & tax, and recording fees (Third Party Fees and Charges). If at any time during the term of your loan you fail to maintain the AFT or ACH or an electronic statement, you agree to repay the Third Party Fees and Charges that we previously paid which may be added to the outstanding balance of your loan. If at the time of closing you do not set up an AFT or ACH to make the monthly payment on your loan, then you agree to pay the Third Party Fees and Charges at closing. Not available for investment properties or loans that fall outside our standard product, rate, term and underwriting guidelines.