Couple sitting on the floor planning a redesign

Home Equity Line of Credit

The equity you have accumulated in your home can be used wisely for many things, remodeling or renovation projects, go on vacation, buy an automobile, a motorcycle, or have it available for an emergency or other future needs. You have the flexibility to use it how you like and when you want.

  • Loan-to-Value as high as 85%
  • Competitive rates
  • Variable monthly payment based on the outstanding balance
  • 10-year draw period (interest-only minimum payment required) followed by 15-year repayment period (monthly interest plus 1/180 of principal)
  • Overdraft protection when linked to your Victory Bank checking account
  • Online and Mobile access
  • No prepayment penalty

Use our Mortgage Refinancing Calculator to get a sense of how refinancing your mortgage may help reduce your monthly payments.

For more information, contact us or call 610-948-9000.