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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