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No Cost Equity Lines Now Here.
Fast and Easy Qualification Requirements, No Income or Asset Verification Needed. All you need is enough equity in your home.
No Annual Fees
It’s Your Home Equity.Use it Your Way.
Peace of mind in a drawer - Since there is no cost to get it and no annual fees you can just stick it in a drawer and only use it if an emergency arises.
A home equity line of credit gives you the financial clout, flexibility and peace of mind you need to cover the expenses that life tosses your way. More flexibility puts you in control of an emergency. Don't let unexpected financial hazards, that life tosses your way, catch you off guard.
A home equity line of credit (HELOC) is a revolving line of credit based on the equity in your home. Most have a variable rate, but with this HELOC you can actually move between fixed and variable rates as your needs change. Once your loan is approved, you can use the available funds any way you’d like. Withdraw all the funds for a big project. Or maybe you need a smaller advance now and another portion later. You might not need the cash right now at all. You decide. More Power than ordinary credit products. With this home equity line of credit you can take advantage of lower interest rates — so you’ll typically end up paying less than with ordinary credit cards. Plus:
• You’re under no obligation to use the funds available to you, and you pay no interest until funds are drawn.
• You can carry balances at fixed or variable rates, or a combination of the two.
• As you pay down the principal, your available credit increases to use over again.
• You may be eligible for a 0.25% discount on the fixed or variable rate portions with automatic payments.
• Your interest payments may be 100% tax deductible (consult a tax advisor)
You decide!
Flexible loan amounts
Flexible terms
Flexible payments
You Set the terms and y ou decide how to handle your monthly payments with this HELOC. You can even set the term and due date for each fixed rate loan option. Make choices that suit your unique financial situation:
• Choose to make interest-only or principal-plus-interest payments
• Choose between variable and fixed rates
• Convert part or all of the outstanding balance from variable to fixed rate (or vice versa)
How it Works
It’s easy to convert all or part of the outstanding balance on your HELOC from variable to fixed rate (or vice versa) at any time:
• You may have up to two fixed rate advances or conversions from variable rate to fixed rate each calendar year.
• Five fixed rate advances can be outstanding at one time.
• You may have as many variable rate advances as you need, up to the limit of your credit line.
It’s Easy!
Your initial application is quick and easy. Setting up additional fixed rate loan options takes about 15 minutes, with no additional paperwork! These programs are offered by us for a limited time. Programs subject to change. Some programs may not be combined with others. Rates and terms are subject to change without notice. Minimum interest-only payments will not repay the outstanding principal balance within the term of the loan. Ask us for details. Offer not available in TX. Certain restrictions and conditions apply. Some programs may not be combined with others.
Quick and easy access to your funds When you need them.
Talk to your loan consultant today!
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