Home Equity Line of Credit (HELOC)
Tap into the equity that’s accumulated in your home. Use it to pay for college expenses, a home improvement project or to consolidate high interest debt.
Our Home Equity Line of Credit (HELOC) is a variable rate revolving line of credit secured by the equity in your home. The annual percentage rate is competitive and the convenience is hard to beat. You can even have your monthly payments automatically drafted from a RiverHills Bank deposit account. RHB’s HELOC features a maturity of 10 years. Consult your tax advisor concerning the details of deductibility of Home Equity Line interest expense in your specific case. Applications are available and subject to credit approval.
Call or visit your nearest RHB location today.