Understanding Home Equity (In-Person)

Join the library for an informative and easy-to-understand seminar designed to help homeowners make confident, strategic decisions with their home equity. Whether you’re considering a major renovation, looking to consolidate high-interest debt or simply wanting to understand your financial options, this session will give you the clarity you need.

Presenters will walk through how home equity loans and home equity lines of credit (HELOCs) work, the differences between the two, and the advantages and considerations of each. You’ll learn how tapping into your home’s equity can potentially increase your property value, reduce your monthly financial burden, or free up funds for important life projects.

The program will also cover what lenders look for and how to determine whether using your equity makes sense for your long-term goals.

Presented by Old Second National Bank.

Registration is required.