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Home Equity Line of Credit

Home Equity Line of Credit (HELOC)

Learn about how a HELOC works and may help you realize your goals - from funding home renovations to paying for educational costs.

$0 Closing Costs!

Take advantage of our competitive rates and use your home's equity to remodel your kitchen, build your own private pool, or make other home improvements. Funds can also be used to take a vacation or consolidate debt. The possibilities are endless!

Features Include

✔No Origination Fee¹ 

✔No Appraisal Fee¹ 

✔No Annual Fee for 1st Year 

✔Access Line of Credit for up to 10 Years 

Want to learn more?

Fill out the form below and a Peoples Bank associate will contact you!

Peoples Bank (w/logo)® is a federally registered service mark of Peoples Bank. *APR = Annual Percentage Rate.

1 Zero closing costs apply to Freedom Equity product only. Freedom Equity product contains an APR based on Prime, plus or minus a margin, that is variable and can change each month beginning with the first month. Available rates as of April 1, 2024 range from 8.50% to 11.50% APR based on the consumer's credit score and loan to value. As of April 1, 2024, an available rate for the Freedom Equity product was 11.50%. 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. Plan includes 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 are 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.


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