Whether you're paying in or expecting a refund, your home can help you make smart financial moves.
Writing a check? Check your deductions.
Mortgage interest and property taxes may be tax deductible if you itemize , which could reduce your taxable income and lower your tax bill. Interest on major home improvements may also qualify as a deduction (IRS rules apply).
Getting a refund? Put it to work.
Making an extra mortgage payment will reduce the total interest you pay and shorten your payoff timeline. Using your refund to invest in home upgrades can boost your property value (and make living there more enjoyable!).
Planning ahead for 2026 taxes.
Thinking about buying a home or tapping your equity this year? Mortgage interest and property taxes on a new home may help reduce next year’s tax bill. Financing major improvements with a cash-out refi, home equity line of credit (HELOC), or home equity loan could also offer future tax benefits.
Your home isn’t just where life happens — it can be a powerful financial tool. Come in and speak with your personal banker to review your tax refund options. We can help you put your refund to good use and help get your finances where they want to be. Thinking about a home equity loan or line of credit? Call us at 1-888-254-9500 and ask to speak with a Mortgage Specialist today!
We are not tax preparers or advisors. Consult your tax advisor for more information.
This article was repurposed with permission from Ellie Mae, Inc. and ICE Mortgage Technology in the 2026 Vibrant Living Newsletter.