Last Updated: 04/18/2025
Gate City Bank Home Equity Lines of Credit
Unaffiliated
Last Updated: 04/18/2025
This product has no reviews yet. Help others by sharing your thoughts.
Be the first to rate
Cast Your Vote
Compare All Home Equity Lines of Credit
Filter & compare all your options in one place.
Highlights
Credit Score Range
Amount Range
Maximum LTV
Minimum Draw
Loan Term (Years)
Gate City Bank Home Equity Lines of Credit Review
Key Takeaways
- Fair credit accepted. Borrowers with a credit score as low as 600 may qualify for Gate City Bank Home Equity Lines of Credit.
- Investment and personal use properties considered. Financing available for primary homes, vacation homes, and even investment homes, such as rental properties.
- Fast process. In some cases you can close on your home loan within 6 business days.
- Origination fees of 0% to 5%. This is on the high end for lenders on SuperMoney's database.
- High maximum LTV ratio. Gate City Bank Home Equity Lines of Credit has a maximum loan to value ratio of 90%.
Gate City Bank Home Equity Lines of Credit Pros & Cons
| Pros | Cons |
|
|
Gate City Bank Home Equity Lines of Credit FAQ
Is there a minimum draw requirement?
What is the estimated funding time for a HELOC?
What fees does Gate City Bank Home Equity Lines of Credit charge for a HELOC?
What types of property can you use as security for a HELOC with Gate City Bank Home Equity Lines of Credit?
- Primary residences
- Secondary or vacation homes
SuperMoney Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...
Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author's alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.