Questions? 800-964-3444, www.efirstbank.com

FirstBank Home Equity Line of Credit

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What is it?

With a Home Equity Line of Credit, you get the security of having money available when it’s needed and no interest until you use it.

Apply for your Home Equity Line of Credit online.   

What do I get?

  • Free Internet Banking with eStatements
  • Free Mobile Banking*
  • Free Alerts*
  • Free Bill Pay**
  • Visa Check Card
  • 24/7 Live Call Center
 

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  • 4.25% APR Adjustable Rate***
  • Interest accrues only on the outstanding balance.
  • Access your line of credit by Visa Check Card, personal check, Internet Banking, 24-Hour Telephone Banking, electronic debit, or in-person bank withdrawal.
  • Minimum payments based on the amount you borrow may be automatically deducted from your FirstBank account. You can make larger payments or pay the balance in full at any time.
  • Interest may be tax-deductible. Please consult your tax advisor.
 

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Apply Online or call us at 800–964–3444 or visit any branch location.

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  • *While there is no fee from FirstBank, connectivity and usage rates may apply. Contact your wireless service provider for more details.
  • **If you sign up for the Optional Bill Pay service and less than three bill payments are made per month, a $5 inactivity fee will be assessed.
  • ***Home Equity FirstLine of Credit Disclosures: The rate is a variable rate based on Wall Street Journal Prime + 0.0% for loans with an 80% loan to value less prior mortgages on owner-occupied residences. As of 1/2/2009 this rate was 3.25%. The minimum Annual Percentage Rate is 4.25%. The rate may change on the first business day of each month, but will never exceed 21.0%. Minimum loan is $5,000. Maximum term is 10 years. Property insurance and hazard insurance are required on the property securing the line. All closing fees apply which can typically range from $150-$800. There is an annual commitment fee of $75.00. Minimum monthly payments are required. There may be a balloon payment due at the end of the term. Offer available to new Consumer Home Equity FirstLine customers. Higher loan to values and other terms available. Limited Time Offer. An appraisal fee may be applicable.
 
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