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Home Equity Line of Credit

Home Equity Line of Credit

You work hard for your home. Isn't it time your home worked hard for you? Turn your home's equity into financing for home improvements or other major expenses.

Introductory Rate

0.99% APR* (For the first 6 months of the loan)
Then as low as 4.75% APR* (Variable for the life of the loan)

Enjoy the flexibility of a revolving line of credit! We offer flexible financing, so your payment plan fits within your budget. Work with our local, in-house processing team for faster decisioning. 

Benefits of a HELOC

  • Use what you need, when you need it. Easily access funds!
  • Make interest only payments on what is used.
  • Pay down your balance, then funds become available to draw again without having to reapply. 
  • Provide peace of mind for future, unexpected expenses. 
Talk to your local PCB loan officer for expert guidance. We're here to help!


APR = Annual Percentage Rate. For Home Equity Lines of Credit (HELOC) with a credit limit of $25,000 up to $250,000, PCB will pay the closing costs.  HELOCs with a credit limit above $250,000 PCB will pay up to $2,000 towards closing costs. For HELOC amounts up to $25,000, closing costs typically range between $800 and $1,200 and the responsibility of the borrower to pay. The closing costs depend on the location of the property and the amount of the loan. Homeowners insurance will be required, and flood insurance may also be required. Owner occupancy required. HELOC accounts paid off and closed in less than three years (36 months) from the origination date will be subject to a pre-payment penalty of 1% of the total line of credit amount.
INTRODUCTORY RATE: Discount is available for new HELOC applications. For each of your first six (6) billing cycles, the monthly Periodic Rate for your average monthly balances will be 0.99% APR. Beginning with your seventh (7th) billing cycle the Periodic Rate and the corresponding APR for your average monthly balances will be based upon your contracted rate which will be a variable rate based upon the Wall Street Journal US Prime Rate which was 4.75% as of 6/24/2022. The maximum annual percentage rate that can apply is 24%, or the maximum annual percentage rate allowed by applicable law, whichever is less. Your contract APR will be based on several factors, including your credit history, loan to value ratio, property type and lien status. A sample monthly principal and interest payment based on $25,000 at 4.75% amortized for 120 months is $262.12. Terms and conditions subject to change without notice. Subject to credit approval.