Home Equity Line of Credit
Our Home Equity Line of Credit allows you to utilize the equity in your home to create a flexible, affordable and potentially tax advantaged way to meet your periodic borrowing needs. These open-ended lines of credit are provided for a 15 year term and depending on the amount of the credit line, we will pay $500 towards closing costs.
- No Annual Fee
- Clients must be approved for credit
- WSJ prime rate based (subject to floor)
- Interest only repayment option
- Fast approval process
- Various term options
- Bank will pay up to $500 towards closing costs
Home Equity Lines of Credit (HELOC) Disclosure
Instructions:
- (These forms are available in PDF format that you can download and print
- out. If you download these documents online, we advise you to save it to
- your personal computer. Close the web browser and then open the
- document from your local directory on your computer. You may then
- print out the completed document at your convenience and bring it
- to us. If you leave this document open on a web browser this information
- can be intercepted by a third party without your permission or knowledge.
- If you received a file electronically in an email from River Bank and Trust,
- we advise you to follow the same procedures listed above. Do NOT send
- this or any document to us electronically through email. Email is not a
- secure way of contacting us and the information can be intercepted by
- a third party.)
