Home Equity Lines of Credit

Home Equity Lines of Credit

Home Equity Lines of Credit

Our Home Equity Credit Lines enable you to advance up to 80% of the equity in your residence. You can use the money for home improvements, vacations, weddings, car purchase, holiday buying, landscaping, a second residence and much more. Once you have established a Home Equity Line of Credit the money is available for your use whenever you choose.

We will bill you interest only on a monthly basis based on the Prime Rate index and only on the amount you have outstanding, not the actual credit line limit. During the draw period of your credit line, principal may be advanced, repaid and re-advanced by using your convenient Home Equity Line of Credit checks.

Remember, the interest you pay may be tax deductible. Consult with your tax advisor to analyze your specific situation.

Please contact one of our lending specialists for more information on this wonderful product.