HELOC Special

We can help turn your House
into a Dream HOME!

Great rate on a Home Equity Line of Credit!

2.99% APR*  

Lock in this low rate for 12 months.


PLUS – BankCherokee will provide credit for third party closing fees, up to $250.

If you’re not sure how much money you need and don’t mind if your payments vary each month, a Home Equity Line of Credit is the answer. It’s a revolving credit account that gives you cash when you need it over a long period of time, with a variable interest rate.

Home-ownership gives you an opportunity to borrow against the equity of your home for most any financing needs.

  • Consolidate debts
  • Take a vacation
  • Buy a new car
  • Make an investment
  • Or most anything you wish

And best of all, the interest may be tax-deductible (be sure to consult your tax advisor to verify).

Personal Loan Application
*2.99% Introductory Annual Percentage Rate (APR) is available for Home Equity Lines of Credit (HELOC) up to 70% LTV (loan to value). The interest rate will be at 2.99% APR during the 12 month introductory period. Offer is available for applications submitted from September 1 – October 31, 2020. After the 12 month introductory period, the APR is variable and is based upon an index plus a margin. The APR will vary with the Prime Rate (the index) as published in the Wall Street Journal. As of August 20, 2020, the variable rate for Home Equity Lines of Credit was 3.25% APR, the minimum floor rate. The rate will not vary above 21.75% APR or below 3.25% APR. Minimum loan amount increase on an existing HELOC is $10,000. Bank will provide credit for third party closing fees, up to $250. Closing costs generally range from $350-$1,300. Loans are subject to credit approval and program guidelines. BankCherokee checking account required for automatic payment. Property insurance is required and must be owner occupied. Consult your tax advisor regarding the deductibility of interest paid. Other restrictions may apply.

Have more questions about the HELOC Special?

Our bankers are always happy to help.

Contact Us