Home Equity Loans
Homeowners with a first mortgage balance and requested limit that would not exceed 80% of the appraisal value of the home will enjoy a home equity line of credit.
- Convenience of a one-time loan application
- Advances as simple as writing a check
- Interest is reported on a 1098 form for tax deductibility**
- Use of the line, whenever needed
Carlsbad National Bank is proud to service Carlsbad and the surrounding area. We have defined our market area to include Carlsbad and areas within south Eddy County, New Mexico. We believe in our community. We are committed to investing our time and money into Carlsbad. Applicants for loan products offered by Carlsbad National Bank must reside in Carlsbad or South Eddy County to be eligible for consideration. Applicants not demonstrating residency requirements may be considered outside the market trade area.
**Consult your tax advisor.
