It’s time to get your home in shape! Put the equity in your home to work for you with a Home Equity Line of Credit (HELOC) from your friends at ABNB!
A HELOC is perfect for home remodeling, projects, paying for college, vacations, and more because you can continually draw from it without having to reapply. It uses the equity in your home to finance all kinds of needs and wants, from debt consolidation to major life events. In addition, you can expect competitive rates and a variety of terms that save you money in the long run!
- Get competitive rates for ongoing or seasonal needs such as: Education expenses, major life events, major home improvements, debt consolidation, building emergency reserves, and much more!
- No closing cost option available when you take an advance of at least $15,000
- The existing equity in your home is used as collateral
- Affordable repayment terms that work for you
- Funds available anytime without reapplying
- Revolving credit – as principal is repaid, more becomes available for use
- Funds can be transferred to another account, withdrawn, or checks may be written to pull from the HELOC account
- Interest paid might be tax deductible**
- Set up automatic payments to be deducted from your account monthly
- Local decision-making and processing here in Hampton Roads and Northeastern North Carolina
- Attentive, friendly service from start to finish