Home Loans
Home Equity Line of Credit
A Home Equity Line of Credit (HELOC) gives you the ability to tap into the equity you’ve built up in your home. A HELOC is a line of credit that can then be used to finance expenses such as home improvement projects, college tuition, or to create a rainy-day financial resource.
How a HELOC Can Help
Our HELOC is a term of 5 years with interest payments due monthly. You may make additional principal payments at any time or advance additional funds if your principal has been paid down.
Other possible reasons to establish a HELOC:
- Structure your mortgage with a HELOC as a second lien to avoid paying Mortgage Insurance
- Invest in home improvement projects or remodels
- Transition from a Jumbo loan to the lower rate of a Conventional loan
- Invest in home improvement projects or remodels
- HELOC funds may be used as a down payment source for your future home, while awaiting the sale of your existing home
- Take advantage of a HELOC on both primary residences and vacation homes
TWIN RIVER BANK BRANCHES
1507 G St, Lewiston, ID 83501 — (208) 746-4848
3330 10th St, Lewiston, ID 83501 — (208) 743-4848
900 5th St, Clarkston, WA 99403 — (509) 758-4848
201 2nd St, Asotin, WA 99402 — (509) 243-8848
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