Lines of Credit
Be Your Own Banker
A personal Line of Credit or a Home Equity Line of Credit from the
First National Bank of Fredericksburg is the most convenient way
to get the cash you need when you need it. And, it's as simple
as writing a check. Your credit line will allow you to enjoy the
little "extras" you deserve, provide emergency funds
immediately, help you consolidate your household bills, or even
use it as an overdraft protection on your account. How you use
the money is entirely up to you, with no explanations necessary.
It's Great to Know It's There
After you receive approval of your Line of Credit, you won't pay
a cent until you use it. And when you do decide to take advantage
of the money's availability, just write a check for the amount
you need. You will receive a monthly statement telling you the
minimum amount of payment necessary. Pay more than this amount,
and you will be replenishing your credit line for future use…anytime!
Call today for information or submit an application
After review
and approval, you will have the security of knowing that extra
cash is just a check away. For anything. Anytime.
With a Personal Line of Credit or Home Equity Line of Credit you
may never need to apply for a loan again. Make one application and
have money available anytime you need it
- Withdraw money. Line of
Credit checks can be written directly for any purpose. Or
a teller can advance your line and make a deposit directly into
your checking account.
- Automatic Advances. Protect against accidental
overdrafts with automatic advances to cover checks.
- Transfers. You can
transfer funds to your checking or savings account at anytime
using our convenient Bank by Phone service.
- Payments. Payments
are automatically deducted from your checking account.
- Interest.
You are only charged for the amount of money you use. Extra payments
can be made at any time.
- Statements. We combine all your accounts
on one easy to read statement so you have a clear, concise record
of all your transactions.
- Tax deductible. Interest
payments on Home Equity Line of Credit may be tax deductible.
Please contact your tax advisor regarding this.
View Current Rates >>
View The Loan Calculator >> |
