Home Equity Lines of Credit

The choice of how to use your HELOC will depend on your personal situation and preference. Whether replacing the dinosaur A/C, installing the dream pool or preparing for that bucket list vacation, a HELOC offers greater flexibility, and easy access to funds on an ongoing basis.

Home Equity Line of Credit

Cooler temps means the perfect time to put your home equity to work for you.  Let’s build something. Apply online and let’s get started.

Summary of Benefits:

  • For a wide range of ongoing expenses:
    • Home improvements
    • Medical expenses
    • Renovation projects
    • College education
    • Personal business start-ups
    • And more!
  • Utilize the equity in your home as collateral backing
  • Accommodating terms, customized according to your unique needs
    • Up to10-year borrowing period
    • Interest only and standard payment options available
  • Direct, anytime access to funds without reapplying
  • Revolving credit – when you repay, your limit is replenished for future borrowing
  • Only pay interest on the part that’s used
  • The interest paid may be tax deductible*
  • Quick approval process; local decision-making and processing
  • Personalized Banking  – attentive, expert service from beginning to end

Disclosure & Requirements: To obtain a Home Equity Line of Credit, (Line), (A) you must be a resident of the State of Georgia, (B) you must provide an enforceable first or second lien on your primary residence (single family dwelling) located within the state of Georgia, (C) your equity interest in that residence must be at least $25,000.  Account is subject to a maximum 10-year draw period.  The minimum line amount is $25,000 and the maximum line amount is $250,000. Property insurance is required, including flood insurance if applicable.  *Consult your tax advisor about the deductibility of interest and other costs.  All Lines are subject to credit approval.  All terms are subject to change.  Other legal requirements must be met.

Equal Housing Lender. The bank makes loans and extends credit without regard to race, color, religion, national origin, sex, handicap, or family status.

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