Home Equity Loans

Home Equity Loans in New Martinsville & Parkersburg WV

  For loans in the New Martinsville region, contact Emily McNees at Emily.McNees@doolinfsb.com or call her at 304-455-1850. 
    If you're in the Parkersburg community,  contact Craig Bock at Craig.Bock@doolinfsb.com or call him at 304-422-1212. 
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Home Equity Loans

Doolin Security Savings Bank, FSB offers Home Equity Loans with a maximum 15 year term. Your interest rate will be determined by both your credit rating and the loan term you select. A Home Equity Loan will provide you a one-time lump sum disbursement of loan proceeds and a fixed rate of interest over the term of your loan. Doolin Security Savings Bank, FSB will lend you up to 90% of the appraised value of your property. 

Use the equity in your home for large expenses or to consolidate higher-interest rate debt on other loans, such as credit cards. In addition to a Home Equity Loan often having a lower interest rate than some other common types of loans, the interest is usually tax-deductible.*

You will need to submit your Home Equity application in person. You’ll provide information about yourself and anyone else who is going to be listed as a co-borrower on the loan. You will need to provide us with documentation to help verify your income, employment history, creditworthiness, and overall financial situation. If you are applying with someone else (called a co-borrower), they will also need to provide the same documents. The required documentation will vary pending on your circumstances. You can expect us to ask you details about your employment and financial history. With your permission, we will also run your credit bureau report as part of the process.
Come and see us today, to discover is a Home Equity Loan is right for you!

A $150 non-refundable  Loan Origination Fee will apply to all Home Equity Loan Applications. Additional non refundable fees may include an Appraisal, Flood Certification, and Title Report. Other closing fees will also apply. 

The interest rate charged will be determined based on your credit rating as well as Prime Rate plus a margin.   

* Please consult your tax advisor for interest deductibility requirements

Call us today! 304-455-1850

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