Home Equity Line Of Credit
A home equity line of credit loan is a great option for consumers who want the flexibility to use their credit at anytime and for any expense. By using the equity in your home you can access the lowest rates and most favorable terms available.
Features and Benefits:
Reusable line of credit secured by your home; funds can be used for any purpose - college tuition/expenses, home improvements, vacation, etc.
Flexible, based on current outstanding balance
As low as 3.25%
10 year draw period
Easy access to approved funds with convenient checks, online banking, or at your local Citizens National Bank branch
Loan To Value Ratios:
Up to 85% loan to value
What You Will Need:
Personal information for everyone included on the application for loan
Income amounts from your job and other sources
Statement or balance statement from current mortgage
Homeowner's insurance statement showing current coverage