Home Equity Loans & Lines
Your home is your biggest investment; learn to make that investment work for you with a SNBT Home Equity Line of Credit (HELOC). Enjoy greater financial flexibility utilizing the equity in your home as collateral with a revolving line of credit. Pay interest only on the amount you use.
Uses for a Home Equity Line of Credit
- Consolidate Debt
- Remodel your Home
- Finance an Education
- Grow your Business
- Pay off High-Interest Credit Cards
- Set-up a Rainy Day Fund
- Buy a Second Home
- Repay Medical Expenses
- Make Tax Payments
- Take a Vacation
- Purchase a Car or Boat
- Apply only once and borrow as much of your line as you wish - apply now!
- Access your line of credit at any time, simply by writing a check – decide when and where to use it.
- Competitive rates - check rates
- Make interest-only payments if you choose
- Repay any portion of the principal balance at anytime without a prepayment penalty
- Monitor your loan and make payments through Bank Online
- Quick, smooth closing process – see our loan checklist
- 80% of your home value
- Easy and convenient online loan application
- Interest may be tax deductible but please consult your tax advisor