Fixed rate, fixed-term home equity loans that offer you fixed monthly payments with an interest rate that will not change for the term of the loan. Rates available are dependent on the term you choose. Additional discounts may be available if certain conditions apply.

NVE’s Flexible Home Equity Line of Credit offers two draw period options. Choose to access your funds over a 1-year or 5-year draw period, depending upon your needs. Here’s how it works:

• Borrow only as much as you need, only when you need it during the draw period
• Save money by repaying all or any part of your home equity line early, since interest is charged only on your outstanding balance
• The flexible home equity line of credit is a variable-rate loan where the interest rate can change as frequently as monthly

Once you’ve set up your line of credit, you’ll be able to write checks to access your cash. Whichever draw option you choose, you can count on NVE’s Lending Team to offer you their expertise. They will guide you through the application process, step by step.