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PERSONAL BANKING - Lines of Credit
Variable-rate Home Equity Lines of Credit
Your home is likely your biggest asset. Why not let Oxford Bank help you make the most of it? The Oxford Bank Home Equity Line of Credit provides a variable interest rate that is tied to the current prime rate. Upon approval, customers can write checks to themselves, as needed, to make important purchases or pay off other debt. Easy access to money when you need it, and flexible payment terms give you the comfort of knowing that you and your family can manage life's uncertainties.
Lines of Credit1 Features and Benefits
1Applicant must carry insurance on the property that secures a Home Equity Line of Credit.Unlike interest paid on other types of loans, interest on a home equity loan may be tax deductible, but consult with your tax advisor to be sure.
All loans are subject to credit approval.Contact us today to learn more about a Home Equity Line of Credit from Oxford Bank