Make a Major Purchase

Make a Major Purchase

Time for a new washer/dryer? Whatever your need, Commerce can help.

  • Buy appliances, furniture or major purchase
Choose a Commerce solution for your major purchase need below.

Helpful Tools

Type How it helps you Amounts available Access to funds Get answers

Home Equity Loan

Apply Online
View Rates

  • Fixed rates and set monthly payments
  • Tax-deductible interest * unlike other loans
$10,000 minimum; up to 90% of the equity in your home Three business days after closing, by check or direct deposit into your Commerce account

Personal Loan

Apply Online
View Rates

  • Low fixed rate, no collateral required
  • Great for when you know how much you need to borrow
  • Fixed monthly payments for budget peace of mind
$7,000 minimum Same day, by check or direct deposit into your Commerce account.

Home Equity Line of Credit

Apply Online
View Rates

  • Low interest rates
  • Tax-deductible interest* unlike other loans
  • Ongoing source of funds
$5,000 minimum, up to 90% of the equity in your home Three business days after closing. Write checks or transfer funds in Online Banking, by phone or in the branch.

ReadyLine of Credit

Apply Now
View Rates

  • Ongoing source of funds
  • Check access for expenses that canít be paid with a card
  • Perfect for smaller purchases
$500 to $15,000 Same day, write checks, cash advances in the branch, or transfer funds to your checking account in Online Banking.

Credit Cards

Apply Online
View Rates

  • Earn rewards when you use it
  • Great for expenses when you donít know how much you need to borrow
  • Affordable rates and the ability to make monthly payments over time
Varies Upon receipt of card

Disclosures:

  • Consult your tax advisor regarding the deductibility of interest.