HELOC


Home Equity Line of Credit

Get the flexibility to choose when you receive your money and how you use it, anytime that you may need it. Whether you’re consolidating high-interest credit card debt, making valuable home improvements or financing one of your dreams, a low-interest home equity line of credit from PALCO is the right choice for you.

When you take out a home equity credit line with PALCO you get the benefit of having no appraisal fees and up to an $80,000.00 line of credit. The convenience of an open-ended line of credit is good for 10 years. (This means you can borrow against your home equity loan at any time!)

Don’t wait any longer to take out your home equity line of credit. Call today. One of our loan officers is ready to assist you.


Home Equity Fixed Rate Loans

Looking for cash for home improvements, tuition payments, debt consolidation, or to refinance your current mortgage? Call the loan department today and ask how our NEW fixed rate home equity loan options can help you.

When you take out a fixed rate home equity loan with PALCO you get the benefit of having no appraisal fees and no closing costs, and fixed rates for the life of the loan giving you peace of mind. Choose from a fixed term from 4 to 10 years, whichever works best for you.

Loan amount is based on equity in the home (80% of the appraised value minus the first mortgage) and the ability to pay. Minimum loan amount is $5,000.00 and maximum is $80,000.00. PALCO must be at least 2nd leinholder on the property. $400.00 application fee. Contact the loan department for complete details.


Loan amount is based on equity in home (80% of the appraised value minus the first mortgage) and the ability to pay. Minimum loan amount is $5,000.00 and maximum is $80,000.00. PALCO must be at least 2nd leinholder on the property. $200.00 application fee. Contact the loan department for complete details.