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A better way to pay for the things you want – or need.
From home repairs and improvements to a new car to paying off higher-rate credit cards, you can pay for just about anything with a Proponent Home Equity Line of Credit. And with rates as low as 2.50% APR*, it’s easy to see why so many people consolidate higher interest debt with home equity lines.
Enjoy convenience and a potential tax savings.
Proponent Home Equity Lines of Credit provide convenience during the application process and afterwards. There are no application, appraisal, or closing costs – and you can borrow up to 80% of the value of your home. Once approved, your credit line can be easily accessed through a supply of personalized checks. Additionally, because the line is secured by your home, the interest maybe tax-deductible.**
Not sure if a Home Equity Line of Credit is right for you? Ask about Home Equity Advantage.
Home Equity Advantage starts out as a variable-rate Line of Credit that comes with a set of personalized checks you use to draw against your initial credit line. But it goes one step further by allowing you to lock in a portion of your line into a fixed-rate loan with fixed monthly payments. You decide when and how much to convert, and you even get to choose the terms. To apply, call 800 457 8058, option 3 (opt. 4 for NC), or click here.
*APR = Annual Percentage Rate. Some conditions apply, ask a representative for details. 2.50% rate applies only for new advances, until February 28, 2011. Rate after February 28, 2011 will adjust with Prime, under the terms of your credit line agreement. Maximum rate is 18.00%. Proponent Members only. ** Contact a tax advisor regarding the deductability of interest.
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