Home Equity Line of Credit
United Bank’s “Prime Line Loan” will take care of your needs.
Remodeling • Back-To-School • Home Improvements
Vacation • New Vehicle • College Tuition
Pay Off Your High Interest Credit Cards
Our “Prime Line Loan” is a Line of Credit secured by your home’s equity.
Homeowners can borrow large sums of money, up to 90% of the newly appraised value of home less any present liens against the property. The loan may be used for any reason and interest paid on Home Equity--based loans is usually 100% tax-deductible. Consult your tax advisor.
Interest Only Payment Plans are also available.
The minimum loan amount is $5,000. A statement is mailed monthly. Closing fees may apply and the first 50 checks to access the line of credit are free.
Please contact an United Bank Office Manager for more information and start your application today!