Home Equity Loans

You may be able to borrow up to 89 percent of the equity in your home at a fixed rate, which gives you certainty with regard to your monthly payment amount.

Loan Features:

• Flexible terms.
• Fixed monthly payment.
• Borrow up to 89% of the equity in your home.
• Available for owner occupied primary residences, 1-4 family dwelling, vacation homes, townhouses and condominiums.

Recommended For:

• Borrowers who need a determined dollar amount.
• Borrowers who prefer a fixed interest rate.
• Borrowers who need a stable monthly payment in order to stay within a set budget.
• Borrowers who want to consolidate their higher credit card bills with a lower monthly payment.

Visit our Mortgage Home or stop by any FNCB Community Office to learn more!

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The FNCB Home Equity Line of Credit with Carve Out combines the convenience of a variable rate home equity line of credit (HELOC) with a "carve out" option that allows you to lock-in up to three simultaneous fixed rate loans without having to reapply. Simply draw the amount you need, whenever you need it, and for whatever you need it.

Loan Features

• Low rates.
• Quick application and decision process.
• 10-year draw period followed by a 15-year repayment period on variable portion.
• Carve out up to three simultaneous fixed rate loans.
• Borrow up to 89% of the equity in your home.
• Interest only billing during the draw period.
• No annual fee.

Carve-Out Option

Our Home Equity Line of Credit Carve-Out option allows you to convert a portion of your outstanding HELOC balance to a fixed-rate loan! For example, if you need money to buy a car, simply "carve out" the amount you need giving you predictable monthly payments and no worries about fluctuating interest rates!

• $10,000 minimum carve-out loan amount.
• Flexible terms.
• As you repay the fixed-rate loan, your available HELOC balance is once again available to borrow.
• $50 carve-out fee.

Visit any FNCB Community Office or call 1-877-879-3622 to learn more!

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REQUEST INFORMATION

Disclosure

All loans subject to credit approval. Consult a tax advisor regarding the deductibility of interest.

If you have excellent credit history, you could be mortgage-free in as little as 7½ years. This loan features a fixed interest rate and stable monthly payment amount.

Loan Features:

• Terms of 7½, 10, 14½, or 19½ years.
• Fixed interest rate.
• Borrow up to 80% of the equity in your home.
• Available for owner occupied primary residences, 1-4 family dwellings, vacation homes, townhouses and condominiums.
• Minimum loan amount of $25,000.
• First lien position is required.
• Escrow account available

Recommended For:

• Borrowers with an excellent credit history.
• Borrowers who wish to be mortgage free in as little as 7½ years.
• Borrowers who prefer a fixed interest rate.
• Borrowers who need a stable monthly payment in order to stay within a set budget.

Visit our Mortgage Home or stop by any FNCB Community Office to learn more!

VIEW RATES

START HERE REQUEST INFORMATION