Home Equity Loans
Use your current home to secure low cost financing for most anything. At NobleBank, we can help you get the financing you need.
We offer both loan and line of credit options, so you can access funds as you need them. Both offer competitive rates and the ability to deduct interest paid from your taxable income,* saving you money!
- Loan Details
- One time disbursement of funds
- Based on current home value
- Low cost financing option
- Interest may be tax deductible*
*Consult your tax adviser.
- Line of Credit (HELOC)
1.75% APR* for 12 MONTHS
Ongoing rate (after 12 months) as low as the Wall Street Journal prime (3.25%APR*) w/no floor
HELOC amounts available up to 90% of current home value (including existing mortgage balance if applicable)
*Annual Percentage Rate (APR). Approval rates based on 1) credit score, 2) loan to value, 3) debt to income ratio. Interest only payments may also be available. Making only minimum payments will result in a balloon payment. You will be required to pay the entire unpaid balance that you owe and any outstanding fees or charges at the end of the draw period in a single balloon payment. Monthly payment = 1% of outstanding balance. This is a variable rate product. The maximum APR will vary based on the Wall Street Journal PRIME. $50.00 Annual Fee. Rate effective 5/29/2015. Limited time offer.
- Interest paid on entire daily balance
- 3 free withdrawals/transfers per month; $3 each thereafter
- $6 quarterly fee waived with $100 balance
Certificates of Deposit (CDs)
- Fixed rates for guaranteed returns
- Maturities available from 7 days to 5 years
- Earnings compounded daily, credited annually