Home Equity Loans

Consolidate debt, tackle that long-awaited home improvement project, pay tuition, buy a new car – you name it! Our home equity loans are a great way to unleash the hidden buying power in your house by using your equity as a “borrowing” tool.

Uses for your home equity loan

  • Use it as a student loan or to pay for college tuition
  • Making a large purchase like a car, boat or RV
  • Home improvement project or remodeling
  • Debt consolidation 
  • Retirement or investment needs

In addition to customized options, competitive rates and flexible terms, home equity loans offer one of the few ways to borrow money and still enjoy a possible tax deduction (consult your tax advisor). Plus, you can save with our biweekly payment option and pay off your loan earlier.

How home equity loans work

A home equity loan allows you to utilize the built-up equity in your home to pay for any of a number of large purchases. When you take out a home equity loan, you will receive a lump sum payment that is secured by your home. The amount of money you can borrow is limited by the ratio of equity you have in the home to your home’s value. The loan is then paid-back over time in monthly or bi-monthly installments just like a mortgage.

Getting started with a home equity loan

The process of applying for a new home equity loan is simple. We have lots of local lending professionals. Call or visit a branch today.

Have a question or need information?
For Consumer and Residential Mortgage inquiries, requests for information or to report errors, please write to us at:

National Penn Bank  |  ATTN: Retail Loan Operations
P. O. Box 547  |  Boyertown, PA 19512

Home Equity Loan Rates


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