Home Equity Line of Credit (HELOC)

Summary

Just when everything has fallen into place, another expense crops up — sound familiar? Do yourself a favor and take out a line of credit, using the equity in your home as collateral.

Draw only what you need, when you need it. And since we do our processing locally, we'll be right here to go over all the fine print, from start to finish.

Details:

  • Revolving line of credit
  • Draw the funds you need, when you need them — no need to reapply
  • Pay interest only on funds in use
  • Fixed-rate conversion options available...ask us!
  • CCB pays normal closing costs related to a home equity loan*
  • Appraisal
  • Credit report
  • Flood zone determination
  • Judgment and lien search
  • Mortgage recoding fees and tax
  • Local, personalized service at every step
  • Talk to a CCB banker for more information

*If loan is paid in full within the first 3 years, CCB will require reimbursement of fees paid by bank



Home Equity Line of Credit (HELOC)