A home equity line of credit or a home equity loan allows borrowers to access the equity in their home by using the home as the collateral for the loan. The home equity line of credit offers the flexibility of a line of credit with interest-only payments during the first 10 years of the loan. The home equity loan offers amortizing monthly payments with rates fixed for as long as five years. The Chain Bridge Bank, N.A. Residential Mortgage line of credit and home equity loan can each go up to $4 million.
Subject to credit approval. This is not a commitment to make a loan.