Home Equity Line of Credit

With a First Capital Home Equity Line of Credit, we can help you can put the equity in your home to work for you. Using a home equity line of credit can save you money. No application fee or loan origination fee required.

  • It offers you a lower interest rate than you would pay on an installment loan
  • All or part of the interest on your home equity line may be tax deductible. Check with your tax advisor for specific information on your tax situation
  • Following approval, the line of credit is available for your use for up to ten years. You decide where, when and how to use your line of credit. You simply write a check when you are ready to use a portion, or all of your funds

Application Checklist:

  • Signed Mortgage Application - Any First Capital Bank branch near you will provide this form at initial meeting
  • A copy of your most recent mortgage balance statement, if applicable
  • A copy of the "Schedule A" from your Title Insurance Policy or your Deed of Trust. This is the legal description of your property and is generally one or two paragraphs in length
  • The name, address and phone number of your Homeowner's Insurance agent along with your policy number
  • Your W-2 forms and two payroll receipts or copies of your last two years' completed federal income tax forms, if applicable
Additional disclosures will be provided with receipt of signed application.

To apply for a Home Equity Line of Credit, please contact us at your local First Capital Bank Branch, or call us at 804.273.1160.

Access your accounts online 24 hours a day via First Capital Bank Online Banking.