Explore the power of equity.
The advantage of owning a home is equity—the difference between your home’s market value and the amount you owe. Equity gives homeowners the flexibility to leverage their home and borrow money.
The amount you can borrow is largely determined by taking your home's appraised or fair market value and subtracting the balances of any outstanding mortgages and liens on the property. Our experienced team of lenders are available to answer any questions and develop a repayment schedule for a specific period of time.
Getting started is easy! Speak to a Keen Bank mortgage lender today to determine if a loan or line of credit can help you reach your long-term financial goals.
Loan vs. Line
Home Equity Loan
A home equity loan is a great option for those large, one-time expenses such as home improvement projects, renovations, educational or medical expenses and debt consolidation. It offers a steady repayment schedule for the life of the loan.
Home Equity Line of Credit
A Home Equity Line of Credit from Keen Bank can provide quick access to cash for not only those small home improvements or planned renovation, but for those unexpected expenses—serving as a safety net or emergency fund that is available to you, ongoing as you need it. You determine the amount you need and when you need it, and only pay interest on that amount through monthly payments at a competitive rate that is in most cases lower than a credit card.
Keen Mortgage Team
Our knowledgeable mortgage loan officers listen to where you want to be, understand the lending landscape and can help position you to live the way you dream. There's no place they would rather be than at your side.
