Home Equity Loan
Your home can help make big things happen
Turn your equity into an affordable loan
Competitive rates mean lower monthly payments
Use funds for almost any purpose
Get personal assistance from our friendly lending team
Nicer kitchens, incredible vacations, and college careers start here
When you bought your home, you got a great place to live. Just as importantly, you acquired a financial asset that has likely increased in value over the years. That value - known as equity - is the key to obtaining an affordable loan that can be used to make your home even nicer or to make another part of your life even better.
Home equity loans work like this:
- Loan limit depends on the equity you have in your home (the current market value minus your remaining mortgage balance)
- Get all your loan funds upfront in a lump sum
- Make steady monthly payments over the life of the loan
- Home equity funds are often used for major home repairs and improvements
Meet Our Lenders
To apply for a loan, you can visit any of our locations or call us at 888-898-9839. You may also visit our loan inquiry page to inquire about a loan and have a loan officer contact you directly.
To set up a recurring payment for a loan with SHCB from a deposit account with SHCB, log in to your online banking account and select the Transfers button. During the setup, select "Recurring" from the Schedule dropdown.
To set up a recurring payment for a loan with SHCB from a deposit account with another financial institution (external account), log in to your online banking account and select the Transfers button, then select Transfer Accounts - Add Account. Proper verification must be completed before a transfer can be made from an external account.
To sign up for paperless statements, log in to your online banking account and navigate to Banking Services - eDocuments. You may enroll for different types of electronic/paperless statements such as deposit statements, deposit notices, loan bills and tax documents.