Home Equity Line of Credit (HELOC)
Put that hard earned equity to work
for you and you may never have to apply for a loan
again. Borrow money with your HELOC when you need it…pay
it back…and borrow it again. Do this as often as you
like with out ever stepping a foot in the bank. With an
Oostburg State Bank HELOC there are no hidden fees or
other surprises,
and you’ll pay one low rate regardless of your
outstanding balance.
 |
No fine print Surprises |
|
Potential Tax Advantages* |
|
Convenience |
|
Emergency Cash |
|
Flexible Repayment Options |
|
Low $35 Annual Fee |
|
| Example: |
| Current
value of home |
$150,000 |
| |
x.80 |
| Subtotal |
$120,000 |
| Less
present mortgage balance |
$80,000 |
| Approximate
equity loan value |
$40,000 |
| Calculate
your own |
|
*Please
consult with your personal tax advisor. Recording
and title fees may apply.
For more information call (920)564-2336 or Email
generalbox@oostburgbank.com
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