Construction second mortgage
Benefits
- Keep your first mortgage, especially if you have a great rate
- Loans available from $100,000 to $500,000
- First mortgage doesn’t have to be with Webster Bank
Consider all your options
Home equity line of credit
You decide when and how much to withdraw from your home equity line of credit (HELOC) and only pay interest on what you withdraw.
Home equity loan
Get an upfront lump sum with a fixed interest rate. If you're funding a specific expense, get the exact amount you need.