Your home’s been holding out on you. Turn that hidden equity into cash — or a line of credit that you can use as needed.
Key Features
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Competitive Rates
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Customized Terms
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Local Decisions
Details
- Convert home equity into financing for almost anything
- Competitive, fixed rates for a wide range of one-time expenses
- Covered by the equity built within your home
- Funds received in one lump sum; repaid over time in monthly installments
- Accommodating financing terms, customized to your unique situation
- The interest paid may be tax deductible*
- Local, Blue Ridge decision-making and processing
- Thorough, attentive service every step of the process
Home Equity Lines of Credit
Turn the equity in your home into ongoing, affordable financing for anything. Finance education expenses, home improvements, an emergency reserve and much more.
- 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
- Funds available anytime without reapplying; apply once, then use repeatedly thereafter
- Revolving credit — as principal is repaid, more becomes available for use
- The interest paid might be tax deductible*
- Set up automatic payments to be deducted from your account monthly
- Local, Blue Ridge decision-making and processing
- Thorough, attentive service every step of the process
*Consult a tax advisor.