Personal Overview > Loans > Preferred Line

You can meet most, if not all, your recurring credit needs with a Morgan Bank 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 $50,000 or more, you'll never pay more than the current Wall Street Prime Rate of interest 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 85% of the appraised value of your home - see us for details.

Call 330-342-4018 to apply for a home equity line of credit.