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Home Equity Loan

Summary

Put your home’s equity to work and cover a wide range of financial needs — like education expenses or home remodeling projects! Enjoy low interest rates and a team of experienced GCB lenders who go the extra mile for you with professional advice and unique solutions.

Details:

  • Competitive, low rates for several short-term or one-time needs:
    • Education expenses
    • Major life events
    • Home remodel projects
    • Debt consolidation
    • And much more!
    • The existing equity in your home is used as collateral backing
    • Accommodating repayment terms that work uniquely for you
    • The interest paid might be tax deductible*
    • Local decision-making and processing in North Georgia
    • Attentive, friendly service from start to finish

*Consult a tax advisor. 

Home Equity Line of Credit (HELOC)

A loan that works like a credit card? That’s a HELOC! Using the equity you’ve built within you’re a home, a HELOC provides you with flexible funds that can be used again and again, without having to reapply.

Details:

  • Competitive rates for several ongoing or seasonal needs:
    • Education expenses
    • Major life events
    • Major home improvements
    • Debt consolidation
    • Emergency reserve
    • And much more!
    • The existing equity in your home is used as collateral backing
    • Accommodating repayment terms that work uniquely for you
    • Funds available anytime without reapplying; apply once, then use repeatedly thereafter
    • Revolving credit – as principal is repaid, more becomes available for use
    • Funds easily available via in-person or phone transfers to a specified GCB checking account
    • The interest paid might be tax deductible*
    • Set up automatic payments to be deducted from your account monthly
    • Local decision-making and processing in North Georgia
    • Attentive, friendly service from start to finish

*Consult a tax advisor.