A Home Equity Line of Credit (HELOC)1 from Bank of Clarke County can help finance home improvements, debt consolidation, large or unexpected expenses, and more.
Bank of Clarke County will allow HELOCs of up to 89% of your home’s value and pay closing costs on any new variable rate HELOC of up to $500K.
Benefit from potentially lower interest rates than credit cards or personal loans and possible tax deductibility advantages. Borrow as little or as much as you need, up to your credit limit. Pay down and reuse your HELOC. Access funds by check, by phone, at a branch, or through online banking.
We offer a 10-year term with the possibility to refinance at maturity, at which time we may increase the amount of your HELOC if the equity in your home has grown.