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  Gate City Bank Home Equity Lines of Credit
Gate City Bank Home Equity Lines of Credit
in Home Equity Lines of Credit from Gate City Bank · NMLS ID #435154
Unaffiliated

Gate City Bank Home Equity Lines of Credit

Unaffiliated
in Home Equity Lines of Credit from Gate City Bank · NMLS ID #435154
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Highlights
Loan Amount N/A
APR  (Fixed APR) N/A
Maximum LTV 90%

Gate City Bank Home Equity Lines of Credit Review

Gate City Bank Home Equity Lines of Credit is offered by Gate City Bank (NMLS #435154), a bank founded in 1923 and based in Fargo, ND. Gate City Bank Home Equity Lines of Credit are available in 2 states across the USA.

Gate City Bank Home Equity Lines of Credit FAQ

Is there a minimum draw requirement?

No, there isn't a minimum draw requirement.

What is the estimated funding time for a home loan via Gate City Bank Home Equity Lines of Credit?

Gate City Bank Home Equity Lines of Credit will typically fund home equity lines of credit in as few as 6 days of approval.

What fees does Gate City Bank Home Equity Lines of Credit charge for a HELOC?

Gate City Bank Home Equity Lines of Credit may charge a loan origination fee of0% up to 5% of the loan amount . There is also an annual fee of $0.

What types of property can you use as security for a HELOC with Gate City Bank Home Equity Lines of Credit?

Lenders often have restrictions on the type of properties they will accept as security for a HELOC. Gate City Bank 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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Message From Gate City Bank Home Equity Lines of Credit

Expenses come along unexpectedly; with a revolving home equity line of credit, you're covered. Here's a better way to access equity in your home and keep cash readily available. Features: No annual fee. May be able to access up to 90 percent of equity in your home. Personalized checks. Low interest rates - lower than most credit cards and interest could be tax deductible. Does not impact your mortgage rate or terms.

Contact

Hours of Operation

  • Sunday Closed
  • Monday 7:00am - 10:00pm
  • Tuesday 7:00am - 10:00pm
  • Wednesday 7:00am - 10:00pm
  • Thursday 7:00am - 10:00pm
  • Friday 7:00am - 10:00pm
  • Saturday 8:30am - 6:00pm

Other Services by Gate City Bank

Availability

  Available in 2 states
  • Minnesota
  • North Dakota

Feature Breakdown

Annual Fee $0
No Prepayment Fee
Origination Fee (%) 0% - 5%
Credit Score Range 600 - 850
Employment Statuses Considered
  • Other
  • Employed Full-Time
  • Employed Part-Time
  • Self-Employed
  • Retired
Immigration Status Considered
  • U.S. Citizen
  • U.S. Permanent Resident
Intended Use
  • Primary Home
  • Secondary Home
  • Investment
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
Verification Documents Required
  • Driver License (or other photo ID)
  • Proof of Income
  • Proof of Identity
  • Government Issued Photo ID
  • Recent Bank Statements
  • Social Security Number
Maximum LTV 90%
Funding Time Range 6 - 10 days
APR Type Fixed APR
Loan Term Up to 30 years
Interest Rate Types Offered
  • Fixed-Rate Mortgage
  • Adjustable-Rate Mortgage (ARM)

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