Money, right under your roof.
As a homeowner, you can tap into the equity in your home for convenient borrowing – the amount you need, when you need it. Use funds for tuition, investments, home improvements, vacations -- or to pay off high-interest credit card balances. Our Home Equities have competitive rates, easy payment options and low application fees. And remember, the interest paid on home equity loans is usually tax-deductible (ask your tax advisor for details).
Home Equity Lines of Credit
Have ongoing projects or expenses? A variable rate Five Points Bank HELOC could be the answer. Save interest by borrowing only when you need funds. Simply write yourself a loan by making out a check for the exact amount you need. As you repay the amount you've borrowed, it becomes available again.
Home Equity Loans
Simple or one-time borrowing may call for a fixed-rate Home Equity Loan. You borrow one lump sum, lock in a good interest rate and set up a predictable payment schedule.