Home Equity Loans & Lines of Credit
Put the equity in your home to work for you

A Home Equity Loan is a great way to finance home improvements, education, vacations, or debt consolidation while possibly receiving a tax benefit.

Benefits of Your Home Equity Loan or Line of Credit

• Same day approval in our branch locations 
• Simple interest / no prepayment penalty 
• Flexible pay-back plans 
• Low closing costs 

Features

• Annual Percentage Rate is Wall Street Journal Prime Rate adjustable daily.
• Tax Deductible - Consult with your tax advisor.
• Easy to use personalized checks for advances. Need a loan . . . write a check!
• Detailed monthly statement.
• Secured by a first or second mortgage on the applicants primary residence only. 
• Maximum loan amount to be 100% of appraised value. 
• Maximum draw period of 60 months, can be renew for additional 60 months or restructured on 15 yr amortization with 5 yr demand, at bank stated rates.
• Minimum line amount of $2,500.00.
• Minimum advance of $500.00.
• Minimum monthly payment - Interest accrued during the month.