Home Equity Line of Credit and Second Mortgages

Home Equity Line of Credit (HELOC)

A HELOC is a revolving line of credit based on the equity in your primary residence. This loan can be secured by a first or second mortgage on your primary residence within the Bay Bank lending area. Here are the highlights of the HELOC program:

  • Secured by primary residence
  • Automatic payments required from a Bay Bank checking account
  • Checks for borrowers to withdraw funds as needed (amounts $500 or more)
  • Variable Rate

Contact a Mortgage Lender with any questions or to start the process of a HELOC today!

Second Mortgages

Bay Bank offers, to eligible borrowers, second mortgages on their primary residence within the Bay Bank lending area. This loan is secured by a primary residence, and subject to the equity in the residence. Whether you are looking for home improvements, consolidate debts,  or to purchase a new vehicle this may be the right fit for you! Contact a Mortgage Lender today to ask about the terms and rates on the second mortgages.

Dan Tanya

Daniel Fritz
Mortgage Lender 
NMLS# 370040

Tanya Krueger
Mortgage Lender
NMLS# 369391

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