What is a home equity line of credit?

A home equity line of credit allows you to borrow money using whatever equity you may have built up in your home. If you qualify, this can be a sizeable amount of money at your disposal. Once your Home Equity line of credit is in place, you can use this money however you want:

  • Need to upgrade some appliances (or other home improvements)? Use your Home Equity Line of Credit!
  • Want to take that trip to the Bahamas? Use your Home Equity Line of Credit!
  • Need to send a child to college? Use your Home Equity Line of Credit!
  • Want to purchase that new sports car? Use your Home Equity Line of Credit!
  • Want to consolidate your credit card debt to one monthly payment? Use your Home Equity Line of Credit!

To make the Home Equity Line of Credit even better, the interest you pay may be tax deductible.*

Competitive rates, tax-deductible interest*, flexibility and convenience make a home equity line of credit a great way to get the freedom you've been looking for.

For further details, click here to contact a Parkway Lending Representative or stop by your local Parkway Bank branch.

* Contact your tax advisor for tax deductibility.

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