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Personal Overview > Loans > Preferred Line

Preferred Line Home Equity Line of Credit
You can meet most, if not all, your recurring credit needs with LNB's Preferred Line revolving home equity line of credit. Better yet, the Preferred Line annual percentage rate may be lower than you think - at or near Prime.

In fact, when you qualify for a line of $100,000 or more, you'll never pay more than the current Wall Street Prime Rate of interest, minus 1.00% on your line - for as long as you have it. Plus, interest paid on home equity credit may be up to 100% tax deductible - consult your tax advisor to be sure. Rates vary by line amount—ask a banker for details.

Use Preferred Line for whatever important purpose you desire - home improvements, college education, debt consolidation, a new car - whatever.

A Preferred Line may be established for up to 100% of the appraised value of your home - see us for details.

 

 


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