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Home Equity
If you are going to need a loan, why not make it a tax-deductible home equity loan.

Besides turning your equity into cash, a home equity loan (some call it a "second mortgage") from Wood County National Bank gives you another benefit: interest is usually 100% tax-deductible. You can save money at tax time. It's also a convenient way to consolidate other loans for tax savings, and then make just one payment each month. Consult your tax consultant for tax-deductibility.

Our home equity loans have a fixed rate of interest that makes budgeting easier. Saving is easier, too, as home equity loans often charge a lower interest rate than personal installment loans and credit cards.

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Note: LTV stands for your loan-to-value ratio. Contact a Wood County National Bank Loan Officer for more information.
 
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