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Use Your Home's Equity to bring your dreams to reality

Take advantage of great rates and use your home's equity to remodel your kitchen, build your own private pool, or make other home improvements you have been dreaming of. The possibilities are endless with our Home Equity Line Of Credit.

  • No Origination Fee¹ 
  • No Appraisal Fee¹ 
  • No Annual Fee for 1st Year 
  • Access Line of Credit for up to 10 Years 
  • Fixed Rate Option for first 60 Months²

¹Zero closing costs apply to Freedom Equity and Equiline products only.

2Equiline product contains an initial fixed rate period for 60 months followed by an ANNUAL PERCENTAGE RATE (APR) that is variable and can change each month after the initial 60 month fixed rate period. Freedom Equity product contains an APR that is variable and can change each month beginning with the first month. The APR is based on Prime plus or minus a margin. Available rates as of 5/1/22 range from 3.50% to 6.50% APR based on the consumers credit score and loan to value. May 1, 2022 an available rate for the Freedom Equity product was 6.50% and an available rate for the initial fixed rate period of the Equiline product was 6.00%. The APR for any equity plan will never be higher than 18.00% in WV; 24.00% in KY; 25.00% in OH; 24.00% in DC; 24.00% in MD; or Unlimited in VA. If you make only the minimum payments for the maximum allowable time frame, you may not repay any of the principal balance by the end of the payment stream so a balloon payment will result and you will be required to pay the entire balance owing in a single payment. All plans include a $50.00 annual fee to maintain the account. There may be an early cancellation fee of 1% of the original commitment or the maximum of $1,000.00 if allowable by state law. Other conditions and restrictions may apply. Information is subject to change without notice. All loans subject to application, credit, and collateral approval. Consult a tax advisor regarding tax deductibility of interest and charges. Interest on the portion of the credit extension greater than Fair Market Value of the dwelling is not tax deductible for Federal income tax purposes.
NMLS# 617258

 

 

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