Home Equity Loans
Your home is a valuable asset and is probably the single largest investment you will ever make.
The First National Bank of Groton recognizes this fact and has developed convenient Home Equity loan programs that allow you to borrow money for any purpose against the equity in your home. We will consider loan requests for up to 80% of the appraised value of your property.
An additional benefit of this type of loan is that the interest may be deductible for income tax purposes (we suggest you discuss this with your tax advisor to determine the actual tax deductibility of interest).
The loan specialists at The First National Bank of Groton are well trained and ready to answer your questions about this popular loan program. Call or stop in for more information.