Home Equity Loans and Lines of Credit

Home Equity Lines of Credit

A Home Equity Line of Credit (HELOC) from Penn Community Bank is flexible enough to be used for whatever you need, whenever you need it. Access your credit line by writing a check, initiating an online money transfer, or visiting a branch and making a withdrawal.

Features:

• Access your credit line by writing a check or making an in-branch withdrawals or online transfer
• No application fee and no annual fee
• Variable interest rate tied to the prime lending rate
• During the revolving period of your credit line, the money is there when you need it
• Borrowers who have payments automatically deducted from a checking or savings account will receive a discount off the interest rate
• Interest may be tax deductible