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On Monday, May 29th, all TowneBank locations will be closed in observance of Memorial Day. Thank you for choosing TowneBank!

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Home Equity

Renovate.
Pay Down Debt.
Finance a Major Purchase.

Home Equity

Whether you need to update your home, finance a major expense, or pay down debt, the equity in your home can be a valuable resource. 

Home Equity Loan

Take advantage of the equity in your home for major purchases or pay down debt.

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Family Buying Home

LineLock

Get the flexibility of a home equity line of credit with the advantage of fixed payment options.

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couple with blueprints

HELOC

Looking to make home improvements or pay down debt? A home equity line of credit may be an option for you.

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family in front of home

Compare Equity Options

Not sure which option is best? Use our chart to compare to see which one is right for you.  

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TowneBank NMLS# 512138

Imagine... Equity Line Rates this Low!

Enjoy a 2.74% APR fixed rate for the first 12 months, followed by a variable rate (currently 4.50% APR) after the introductory period ends.

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2.74 Fixed APR for 12 Months and 4.5 variable after introductory rate

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Investment and Insurance products are:

  • NOT A DEPOSIT
  • NOT FDIC-INSURED
  • NOT GUARANTEED BY TOWNEBANK
  • NOT INSURED BY ANY STATE OR FEDERAL GOVERNMENT AGENCY
  • MAY GO DOWN IN VALUE

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