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Home Equity Line of Credit Interest Only

Our Home Equity Line of Credit Interest Only lets you use the equity in your home to make improvements, consolidate debt, pay college tuition, buy a new car, etc.

Advances on the Line of Credit are made by simply writing a Check for your purchases.

Payment / Repayment Terms	Interest Only
Collateral	Real Estate Mortgage on Residence
Maximum Credit Line Amount	Up to 90% of Appraised Value ( Includes first mortgage )
Term of the Home Equity Line	10 years
Interest Rate Options	Adjustable
Loan Processing	None
Late Payment	$5.00
Check reorder	$12.00
Other Information: Can use check to activate line of Credit