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Home Equity Line of Credit

Available to qualifying homeowners, a Home Equity Line of Credit is a smart choice for financing almost anything. With a Home Equity Line of Credit you have a prearranged line of credit that is based on and secured by the equity you have accumulated in your primary residence.

A Home Equity Line of Credit is convenient access to money. You control when and how you use your money simply by writing a check. And, since this is a line of credit, you can use and reuse this money time and time again.

Whether you're remodeling a room, buying a new vehicle, preparing to pay college tuition, or are interested in consolidating debts into one monthly payment, let a Cabarrus Bank & Trust Account Executive share with you the benefits of a Home Equity Line of Credit.

In today's economy, it pays to take advantage of the opportunity to deduct interest, paid on your Mortgage Loan or Home Equity Line of Credit, from your income taxes. In most cases, the interest paid is fully deductible. (A Tax Advisor should be consulted regarding tax deductibility)

 

About Us:

We are committed to delivering quality products and services and adhering to a high standard of customer care.

When you do business with Cabarrus Bank & Trust your money provides capital for local businesses, creates local jobs and improves the quality of life for families. We want what’s best for our communities, friends and neighbors … together we are Making a Difference.

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Cabarrus Bank & Trust, Member: FDIC and (Equal Housing Lender)
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