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Home Equity Loans

With a home equity line of credit, you can tap into the equity you have built up in your home to meet a wide range of different financial needs. 

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Home Equity Loans from FNCB Bank

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.

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Key Features

Home Equity Loans from FNCB Bank

Home Equity Line of Credit with Carve Out

A home equity line of credit that gives you the flexibility of a variable and fixed rate loan. It's your choice.

Home Equity Line of Credit with Carve Out

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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Disclosure

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

Our community offices are open for all of your banking needs.

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