Home Equity Credit Lines

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Home Equity Credit Lines

Your home is probably your biggest asset. At Howard Bank, we understand the value of your property equity as being a economic resource.

Our house equity choice can help you make http://speedyloan.net/reviews/advance-america-loans/ use of your home’s value to meet up with your goals that are financial. You can expect:

    Home equity credit lines: Like a charge card, a property equity credit line (HELOC) offers revolving credit that enables you to continually borrow as much as your limitation. Once authorized for the certain borrowing limit, you have access to the funds anytime. The credit immediately renews while you make re payments.

We presently offer two options:

Interest Only

  • No current home loan necessary to apply.
  • Adjustable interest on the basis of the rate that is prime 1.00percent.
  • Borrowing limit as much as 80 per cent of a 10-year draw period to your loan-to-value ratio. Read more