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Home Equity Loan
A Chain Bridge Bank Home Equity Loan allows you to access the equity in your home without costly fees or expenses.
| Uses: | Home improvements, auto purchase, college tuition, refinance or consolidation of existing loan(s), emergency expenses, or anything else you desire. |
| Benefits: | Interest rates are typically lower than other consumer credit and can be fixed for an extended term. Interest paid may be tax deductable (consult your tax advisor). |
| Interest Rate: | Interest rates can be fixed for the term of the loan. Contact us for a current rate quote! |
| Repayment: | Monthly payments of principal and interest. Payments are automatically deducted from your Chain Bridge Bank account. |
| Amortization: | Up to fifteen (15) years |
| Term: | Up to fifteen (15) years |
| Collateral: | 1st or 2nd Lien on Primary Residence |
| Loan-To-Value: | LTV ≤ 80%. All loans are subject to property valuation or appraisal. |
| Points: | Zero |
| Closing Costs: | The Borrower will be responsible for all closing costs, fees and expenses. |
Equal Housing
Member FDIC 