Your years of timely mortgage payments are about to pay off. Get competitive-rate financing using your home’s equity as collateral.
Details
- 3.25% APR* fixed rate for the first year
- 2% cap per year (ceiling cap of 11.9%)
- Use for several short-term or one-time needs:
- Education expenses
- Major life events
- Home remodel projects
- Debt consolidation
- And much more!
- The existing equity in your home is used as collateral backing
- 15-year repayment term
- The interest paid might be tax deductible**
- Local decision-making and processing in Northeast Alabama
- Detailed, friendly service from start to finish
Home Equity Line of Credit (HELOC)
- Competitive rates for several ongoing or seasonal needs
- The existing equity in your home is used as collateral backing
- Accommodating repayment terms that work uniquely for you
- Revolving credit – as principal is repaid, more becomes available for use without having to reapply
- Funds easily available via check or debit card
- The interest paid might be tax deductible**
- Set up automatic payments to be deducted from your account monthly
- Local decision-making and processing in Northeast Alabama
- Detailed, friendly service from start to finish
*APR=Annual Percentage Rate
**Consult a tax advisor.
