Home Equity Line of Credit
Home Equity Lines of Credit (HELOC)
Home Equity Line of Credit is a convenient and flexible revolving line of credit that gives you the option of drawing on your loan for any reason. A Home Equity Loan might be right for homeowners who prefer:
- Access to funds for a one-time expense
- A fixed monthly payment
- A predictable pay-off schedule
- The benefit from interest that may be tax deductible
Home Equity Line of Credit rates are a low cost way to borrow… use the equity you have in your home to:
- Remodel or renovate your home
- College Expenses
- Vacation Getaway
- New boat or car
- Unexpected home or car repairs
Contact First Farmers & Merchants Bank to help you decide what is best for you.
*Subject to credit approval