Home Equity Loan Special

Southern Bank is proud to offer a Home Equity Line of Credit with these amazing features:

  • 3.90% APR*
  • No Annual Fee
  • No Closing Cost
  • No Prepayment Penalty

*Introductory rate for the first 9 months only. Special rate offer of 3.90% APR available only on new lines of credit with combined loan-to-value (LTV) ratio (including prior mortgages or liens) of 80% or less with a line amount of $20,000 or more. 4.90% APR for new lines of credit with LTV of 80.01% to 90% (including prior mortgages or liens) with a line amount of $20,000 or more. At the end of introductory period the APR may vary at the Prime Rate as published in The Wall Street Journal. Rates vary by loan-to-value limits. The variable rate for lines of credit is Prime plus 0% to Prime plus 1.00%. (As of 7/15/08 the APR can range from 5.00% to 6.00%). The APR may change daily but will not be lower than 5.00% APR nor exceed 18.00% APR. Offer subject to credit approval and is subject to change. Some restrictions may apply. The bank must be in a valid first or second lien position. Insurance must be carried on property securing this loan, including flood insurance, if applicable. Consult a tax advisor regarding deductibility of interest.

Other Popular Products

  • Auto Loans

    Auto Loans

    We are more than prepared to discuss your auto loan needs. We can figure a payment for you, and also pinpoint a price range you're comfortable with.

    Learn More

  • Certificates of Deposit (CD)

    Certificates of Deposit (CD)

    We offer fixed rate certificates and competitive rates, with a wide range of terms. Open a certificate for as little as $500. Get started today!

    Apply Now

    Learn More