Home Equity Lines of Credit

3.99% APR* introductory rate

Open the door to cash, when you need it. Our Home Equity Line of Credit gives you the flexibility to borrow against the equity in your home. You’ll only pay interest on the amount you use, plus you’ll be borrowing at a lower interest rate than most personal loans or credit cards.

  • 3.99% APR* for the first 6 months
  • We pay up to $500 of your closing costs
  • No application fee
  • No origination fee
  • Limited time offer
  • Reusable line of credit
  • Interest may be tax deductible–check with your tax advisor

For more information and lending assistance please contact a Relationship Manager.


RESOURCES

I have read the above Home Equity Lines of Credit (HELOC) Disclosure booklet and agree to it.

After checking the box, proceed to the PDF application.**

To send documents securely, use our Share Portal.

*The Introductory Annual Percentage Rate (APR) is "discounted" meaning it is not based on the Index, which is the Wall Street Journal U.S. Prime Rate, and margin, which is 0.00%, used for later rate adjustments. This Introductory APR will be in effect for the first 6 months. During this “discounted” period, the APR is 3.99% and the Daily Periodic Rate is 0.01093%. For comparative purposes, currently, the non-discounted Index and margin APR is 7% and the Daily Periodic Rate is 0.01918%. After the first 6 months, the APR will be variable and can change daily. There is no limit on the amount by which the APR can change during any one year. However, under no circumstances will the APR exceed 18.00% per annum or, except for the “discounted” period, go below 4.00% per annum at any time. Additional Finance Charges, not calculated by applying a Daily Periodic Rate, would include a one-time lender-paid life-of-loan flood certification fee of $6.00. A non-refundable fee of $75.00 will be charged annually. If the Line of Credit is closed within two years of the agreement date, any lender-paid closing cost must be reimbursed to the lender.

**These forms are available in PDF format that you can download and print out. If you download these documents online, we advise you to save it to your personal computer. Close the web browser and then open the document from your local directory on your computer. You may upload the completed application to our Share Portal, or you may print out the completed document and bring it to your local office. If you leave this document open on a web browser this information can be intercepted by a third party without your permission or knowledge. If you received a file electronically in an email from River Bank & Trust, we advise you to follow the same procedures listed above. Do NOT send this or any document to us electronically through email. Email is not a secure way of contacting us and the information can be intercepted by a third party.