You can use a Tax Advantage Loan to buy a car, make home improvements or for any purpose that you’d use a home equity loan for. A Tax Advantage Loan is faster than taking a home equity because the application process is not as lengthy. You may be able to deduct the loan interest you pay because we file a mortgage to secure your loan. Check with your tax advisor to be sure your qualify. Your Annual Percentage Rate (APR) will be the same as our secured personal loan rates, with a maximum term of 72 months. You pay all closing costs. Your first mortgage payment must include escrow.
Why choose Community Resource for your loan?
- Affordable payments
- Competitive rates and low fees
- Flexible terms
- Fast approvals
- Friendly service
- .50% Annual Percentage Rate discount on vehicle and personal loans (except holiday loans) with automatic payment. Applies to loans granted beginning March 1, 2015
- Convenience of payroll deduction/direct deposit for easy repayment
- No prepayment penalties on consumer loans.
Apply for a Tax Advantage Loan. Call (518) 783-2211 or
1-888-783-2211 for more information.