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  Exchange Bank and Trust Home Equity Lines of Credit

Exchange Bank and Trust Home Equity Lines of Credit

in Home Equity Lines of Credit from Exchange Bank and Trust · NMLS ID #445799

Unaffiliated

Exchange Bank and Trust Home Equity Lines of Credit

Unaffiliated

in Home Equity Lines of Credit from Exchange Bank and Trust · NMLS ID #445799

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Highlights
Loan Amount Up to $660,000
APR  (Fixed APR) Starting at 3.498%
Maximum LTV N/A

Exchange Bank and Trust Home Equity Lines of Credit Review

Exchange Bank and Trust Home Equity Lines of Credit is offered by Exchange Bank and Trust (NMLS #445799), a bank founded in 1856 and based in Atchison, KS. Exchange Bank and Trust Home Equity Lines of Credit is available in 50 states (and Washington, DC).

Exchange Bank and Trust Home Equity Lines of Credit FAQ

How much can you borrow with a HELOC?

HELOCs are lines of credit that are secured by your home. Once you get approved for a certain amount, you can access your funds by check, phone, credit card, or online up to your HELOC amount.

Exchange Bank and Trust Home Equity Lines of Credit allows borrowers to apply for lines of credit of up to $660,000. Note that the maximum loan amount you can borrow will vary depending on the value of the property, how much you owe on it, and your creditworthiness.

Typically, borrowers with good credit can qualify for up to 85 percent of the value of the property less the balance on their first mortgage.

Is there a minimum draw requirement?

No, there isn't a minimum draw requirement.

What range of rates does Exchange Bank and Trust Home Equity Lines of Credit offer?

Exchange Bank and Trust Home Equity Lines of Credit offers APRs starting at 3.498% .

Remember the APRs of HELOCs do not include points and financing charges, just the interest rate. Most home equity lines of credit have a variable interest rate. Fixed interest rates -- if available -- typically have higher APRs, but your monthly payments don't change over the life of the line of credit.

What fees does Exchange Bank and Trust Home Equity Lines of Credit charge for a HELOC?

Exchange Bank and Trust Home Equity Lines of Credit may charge a loan origination fee .

What types of property can you use as security for a HELOC with Exchange Bank and Trust Home Equity Lines of Credit?

Lenders often have restrictions on the type of properties they will accept as security for a HELOC. Exchange Bank and Trust Home Equity Lines of Credit will consider lines of credit secured by the following property types:

  • Primary homes.
  • Secondary homes and vacation properties

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Contact

Hours of Operation

  • Sunday Closed
  • Monday 8:00am - 5:00pm
  • Tuesday 8:00am - 5:00pm
  • Wednesday 8:00am - 5:00pm
  • Thursday 8:00am - 5:00pm
  • Friday 8:00am - 5:00pm
  • Saturday Closed

Other Services by Exchange Bank and Trust

Availability

  Available in 50 states and Washington, D.C.
  • Alabama
  • Alaska
  • Arizona
  • Arkansas
  • California
  • Colorado
  • Connecticut
  • Delaware
  • Washington, DC
  • Florida
  • Georgia
  • Hawaii
  • Idaho
  • Illinois
  • Indiana
  • Iowa
  • Kansas
  • Kentucky
  • Louisiana
  • Maine
  • Maryland
  • Massachusetts
  • Michigan
  • Minnesota
  • Mississippi
  • Missouri
  • Montana
  • Nebraska
  • Nevada
  • New Hampshire
  • New Jersey
  • New Mexico
  • New York
  • North Carolina
  • North Dakota
  • Ohio
  • Oklahoma
  • Oregon
  • Pennsylvania
  • Rhode Island
  • South Carolina
  • South Dakota
  • Tennessee
  • Texas
  • Utah
  • Vermont
  • Virginia
  • Washington
  • West Virginia
  • Wisconsin
  • Wyoming

Feature Breakdown

No Prepayment Fee
Credit Score Range 600 - 850
Employment Statuses Considered
  • Employed Full-Time
  • Employed Part-Time
  • Other
  • Retired
  • Self-Employed
Immigration Status Considered
  • U.S. Citizen
  • U.S. Permanent Resident
Intended Use
  • Investment
  • Primary Home
  • Secondary Home
Military Status
  • Active Duty Military
  • Non-Military
  • Veterans
  • Military Dependent
Minimum Age 18
Supported Income Types
  • Direct Deposit (W2, SSA, SSDI)
  • Cash
  • Payroll Check or Prepaid Card
  • 1099 Misc. Income
  • Tax Returns
Verification Documents Required
  • Proof of Income
  • Proof of Identity
  • Recent Bank Statements
  • Social Security Number
  • Driver License (or other photo ID)
Loan Term Up to 30 years
Loan Amount Up to $660,000
APR (Fixed APR) Starting at 3.498%
Interest Rate Types Offered
  • Fixed-Rate Mortgage
  • Adjustable-Rate Mortgage (ARM)
  • Option ARM

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