Home Equity Line of Credit
You put a lot of time and money into your home – why not get more out of it? A Home Equity Line of Credit (HELOC) can help – whether it's a remodeling project or debt consolidation.
- Automatic draft for your monthly payment will reduce your rate by .25 with a Village Bank checking account
- Variable rate is based upon Wall Street Prime. For rate information, stop by or call your nearest branch
- All closing costs paid by Village Bank is an option*
- Convenient Village Bank online banking for making payments
- Flexible payment options – interest only or principal and interest
Your home is your most valuable asset. A home equity line of credit offers you the flexibility to do more.
- Revolving credit gives you the ability to draw funds anytime you need them (up to your available credit line amount
- Minimum line of credit: $10,000. Maximum line of credit: $350,000
- Available on owner-occupied primary residences
- Interest may be tax deductible**
All loans are subject to credit approval. Contact your nearest branch to apply for more information
*Subject to 36 months early closing
**Speak to your tax advisor