Home Equity Line of Credit ( Interest Only )*

• The line of credit is a revolving loan, and as such, the principal automatically becomes available again as you repay it
• You can access your funds by logging in to Online Banking. When an Advance is made in Online Banking the funds are available immediately!
• Billed monthly for interest only

Fixed Rate Home Equity Loan*

• You borrow a certain amount for a specific period of time
  
• Your payments are fixed so you have the stability of knowing what your monthly payment will be
  
• Flexible terms

* Both the Equity Line of Credit and Equity Loans are subject to the following conditions:

• There are no closing costs in most cases if loan is in a valid second mortgage position behind a bank or other financial institution. You may pay certain fees to third parties. These fees generally total between $0.00 to $1,000.00.
  
• Loans are limited to a person's primary residence (1-4 Family Property) 
  
• Loans amounts range from $10,000 to $250,000
  
• The maximum combined loan to value is 80%, maximum total liens on the subject property not to exceed $400,000