The online application process is available for use on mortgages for property within Virginia or North Carolina.
* We'll pick up the closing costs typical to the Hampton Roads area on lines of $15,000 or more with an initial advance of $10,000. A no annual fee VISA Gold Card is offered with the HELOC featuring a limit up to $20,000. Your credit limit is based on your home's value, less any mortgage balance or balances.
** Rates range from Prime+0% to Prime+3% based on your Loan-To-Value and other factors. The interest rate on the line of credit is variable based on the Prime Rate published in the money rate column of the Wall Street Journal — currently APR — plus a margin and is subject to change. Floor of 5.25% APR, ceiling of 15% APR. Property insurance required. Some restrictions may apply. Membership eligibility required.
*** Consult your tax adviser for details.