A LorMet Fixed Rate Home Equity Loan offers you stability.
Borrow a single amount for a specific purpose – your rate and payment stay the same for the life of the loan. Make your budgeting easier by refinancing your variable rate mortgage loan or consolidating high rate credit cards to a LorMet Fixed Rate Home Equity Loan.
- Fixed Rate
- Fixed monthly payments
- Amounts available up to 80% of the appraised value of your home – see us for details
- Interest you pay may be tax deductible*
Visit a LorMet branch or call 440-960-LOAN to get started!
Owner occupied primary residence only. Insurance must be carried on the real estate property securing the loan and flood insurance is required on buildings located in Special Flood Hazard Area.
* Consult your tax advisor regarding the deductibility of interest.