Flying on the beach

Enjoy the freedom and flexibility of a home equity line of credit.

Home Equity Line of Credit

A home equity line of credit is a revolving line of credit secured by the equity in your home.  This is a great option to finance ongoing projects on your home or other large expenses such as medical bills or educational expenses.

  • Rates start as low as prime + .50%
    All rates, terms and conditions are subject to change without notice. Please contact a TowneBank office for the APR currently in effect.
  • Repayment of interest only or 1.25% of the outstanding balance
  • Borrow up to 80% of the home’s value
    Available equity depends on balance of other loans tied to the property
  • 15 year draw period

Compare to a home equity loan. 

TowneBank NMLS# 512138

Need a Loan or Line of Credit?

Please complete the form below and a hometown banker will contact you within 1-2 business days to help you get started on the application process or to answer any questions you may have.

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Normal credit approval criteria apply