Home Equity Line of Credit
A flexible HELOC that fits your needs
A home equity line of credit is a revolving line of credit secured by the equity in your home. With a HELOC from Bank of Botetourt, you have the flexibility to renovate your home, finance a large expense like a wedding, pay for educational or medical expenses, or pay down high-interest debt. Using the equity in your home, Bank of Botetourt provides the ease of paying for recurring or unexpected expenses now and in the future.
Our low variable rate lines of credit have long terms and interest-only payment options. You can establish a line of credit and draw funds only as needed.
A HELOC Offers:
- Competitive interest rate
- Low monthly interest-only payments
- Multiple ways to access funds
- Interest may be tax-deductible – consult your tax advisor