Enjoy life. Get more out of your home. Home Equity Line

Home Equity Line of Credit

Ready Cash Using Your Home's Equity—Great, Low 2.75% APR*

Tower’s low-rate home equity line of credit is an affordable way to get cash for a new bath or kitchen, next semester’s college expenses, or to pay off high-rate debt. View rates.
*Variable rates as of December 1, 2014 and subject to change quarterly. Available in all states except Texas. Other restrictions may apply. The 2.75% rate is for up to 80% Loan-To-Value line of credit. .

With a rate of prime minus .50%, a home equity line of credit gives you a credit line from $5,000 to $312,700 when the credit limit does not exceed 80% of the equity in your home. A credit line greater than 80% of your home's equity is available up to $250,000 at a rate of prime plus 1%.

More ways to save with a Tower home equity line of credit:

  • No points
  • No origination fees
  • Tower pays your closing costs as long as you retain the loan for 24 months or more
  • Interest accrues only on the amount you use
  • Interest paid is typically 100% tax deductible—check with a tax advisor
  • FREE, unlimited supply of checks
  • No restrictions on the number of checks you write
  • No minimum check amount required

Track transactions, transfer funds, and reorder checks through Home Banking. A Tower home equity line of credit is available in the District of Columbia and all states except Texas.

Make your loan payments:

Variable rates subject to change quarterly. Maximum APR is 18%. Available in all states except Texas. Other restrictions may apply.

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