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.

* required field

Name

Phone Number

Zip Code

Please include a brief synopsis of your needs so we can better serve you.

ReCaptcha

Normal credit approval criteria apply

Find a Location

enter a city, state, or zip code Find Now