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The Home Equity Line of Credit is a reusable line of credit up to $500,000 depending
on the property equity. This line of credit is 10 years of interest payments which
may be tax deductible. This line of credit has 24 hour access via Platinum MasterCard
or check Line amount up to 100% of available equity .
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Home Equity Products Home equity products allow you to make
the most of the equity you've built in your home. They are powerful, flexible
financing tools that can be used for: Home
improvements and additions Debt consolidation Major purchases and expenses
A much-needed vacation Breathing room in your household budget A
revolving line of credit secured by the equity in your residence, with no application
or closing fees. Variable
Annual Percentage Rate (APR) based on the Prime Rate Reusable line up to
$500,000 (subject to qualifying) Credit line amounts up to 100% of the available
equity in your home(subject to qualifying) Credit limit established at closing
As a convenience, monthly payments may be automatically deducted from your
checking account for repayment Interest payments may be up to 100% tax-deductible
(consult a tax advisor) Home
Equity Loan An
installment loan secured by the equity in your residence. Low
fixed monthly payment Locked interest rate that will not change over time
Loan amounts up to 100% of the available equity in your home(subject to qualifying)
Consolidate your existing debt into one low-rate loan As a convenience,
monthly payments may be automatically deducted from your checking account for
repayment Interest payments may be up to 100% tax-deductible (consult a tax
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