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. APPLY ONLINE NOW 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 ATMs, Night Deposit Drops, Online Banking, Bill Payment, Remote Check Deposit, VISA ATM / Check Card 2020 – 2021 COPYRIGHT – TWIN RIVER BANK TWIN RIVER BANK – NMLS #680539 © 2021 Twin River Bank Home Loans. Proudly powered by Sydney