With a Home Equity Line of Credit (HELOC), you can withdraw the full amount at one time or make advances at any time with our convenient loan checks or via account transfer. Loan balances and available credit lines may be accessed through CoastNet Online banking or ART-Audio Response Teller.
Advantages of Home Equity Loan
Home equity loans are attractive for a few main reasons:
- Competitive interest rates; typically lower than other types of loan
- Fixed and Adjustable rates available--
- Home Equity Loans interest may be tax deductible
- Loan amounts as low as $5,000 and up to $100,000
Energy Efficient Home Equity Loan
You can save money on the cost of utilities by purchasing new energy-efficient heating and cooling systems or by making home improvements, such as weatherizing and insulating older homes and these investment can end up saving you money though lower utility bills.
Home Improvement Equity Loan
If you have outgrown your home but want to stay where you are, consider using the equity in your home to make it bigger and to increase its value. Add on a new room or addition. Replace or repair your roof. Remodel your kitchen. We can give you the loan you need at a rate you can afford.
Contact
At Coastline, we continuously strive to simplify your life, work in your best interest, and deliver solutions to help you identify and achieve your financial goals.
For more information, please e-mail or call (904) 346-1700.