Home Equity Line of Credit

Peoples Bank HELOC Features

No origination fee¹

Flexible repayment terms

No appraisal fee¹

No annual fee for the first year

Competitive rates

Access line of credit
for up to 10 years

Fast approval time

Automatic payment deductions from your Peoples Bank checking account

Let’s get started.

Apply for a Home Equity Line of Credit today. Contact a mortgage consultant or complete the interest form.

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Purpose of Loan:–None–Purchase Refinance Other

*Prime – 0.26% APR Offer available for Freedom Equity Product applications beginning January 2nd, 2025 and ending March 31, 2025.

**Prime – 0.26% APR Offer only available to consumer with a credit score greater than or equal to 700 and a loan to value ratio of less than or equal to 80%. Zero closing costs apply to Freedom Equity product only. Freedom Equity product contains an APR based on Prime, plus or minus a margin, that is variable and can change each month beginning with the first month. Available rates as of December 1, 2024 range from 7.75% to 10.75% APR based on the consumers credit score and loan to value. As of December 1, 2024 an available rate for the Freedom Equity product was 10.75%. The APR for any equity plan will never be higher than 18.00% in WV; 24.00% in KY; 25.00% in OH; 24.00% in DC; 24.00% in MD; or Unlimited in VA. If you make only the minimum payments for the maximum allowable time frame, you may not repay any of the principal balance by the end of the payment stream so a balloon payment will result, and you will be required to pay the entire balance owing in a single payment. Plan includes a $50.00 annual fee to maintain the account. There may be an early cancellation fee of 1% of the original commitment or the maximum of $1,000.00 if allowable by state law. Other conditions and restrictions may apply. Information is subject to change without notice. All loans subject to application, credit, and collateral approval. Consult a tax advisor regarding tax deductibility of interest and charges. Interest on the portion of the credit extension greater than Fair Market Value of the dwelling is not tax deductible for Federal income tax purposes.

¹ Zero closing costs apply to Freedom Equity product only. Freedom Equity product contains an APR based on Prime, plus or minus a margin, that is variable and can change each month beginning with the first month. Available rates as of November 1, 2024 range from 8.00% to 11.00% APR based on the consumers credit score and loan to value. As of November 1, 2024 an available rate for the Freedom Equity product was 11.00%. The APR for any equity plan will never be higher than 18.00% in WV; 24.00% in KY; 25.00% in OH; 24.00% in DC; 24.00% in MD; or Unlimited in VA. If you make only the minimum payments for the maximum allowable time frame, you may not repay any of the principal balance by the end of the payment stream so a balloon payment will result and you will be required to pay the entire balance owing in a single payment. Plan includes a $50.00 annual fee to maintain the account. There may be an early cancellation fee of 1% of the original commitment or the maximum of $1,000.00 if allowable by state law. Other conditions and restrictions may apply. Information is subject to change without notice. All loans subject to application, credit, and collateral approval. Consult a tax advisor regarding tax deductibility of interest and charges. Interest on the portion of the credit extension greater than Fair Market Value of the dwelling is not tax deductible for Federal income tax purposes.

NMLS#617258