Home Equity Loans/Lines
Home Equity Credit Line
California Bank & Trust can help you put your equity to work; whether you have equity in your home, your second home or your investment/rental property. Our home equity lines of credit offer flexible loan amounts and flexible repayment terms, ideal for home improvement projects or bill consolidation.
Loans Amounts
Interest Rate
- Variable interest rate
- Competitive rates
Discounts
A reduction of up to 0.50% off your variable interest rate:
- 0.25% discount for maintaining automatic payment from a CB&T Checking Account
- 0.25% Relationship Discount Pricing Program –Customers having other banking relationships with CB&T may be eligible for an additional discount of 0.25%. Automatic payment from a CB&T Checking Account is also necessary for the relationship discount. To learn more about the requirements to qualify for this discount, please contact your local branch or TeleLoan at 1-800-429-7685 for details.
Tax Deductible Interest
- The interest rate you pay may be tax deductible. (Consult your tax advisor regarding the deductibility of interest.)
How to Apply
Contact your branch for details or call TeleLoan * at 1-800-429-7685.
Please have this information ready when you call TeleLoan:
- Social Security Number and date of birth (borrower and co-borrower)
- Home address and phone number/mailing address if different from home
- Previous address if at residence for less than 2 years
- Two-year employment history, plus employer(s) names/phone numbers
- Gross monthly income
- W-2 (1 year) and current pay stubs; if self-employed, last 2 years' tax returns
- Value of collateral (i.e. real estate, stock, savings account, etc.)
- Copies of real estate deed(s) or current loan statement(s)
- Name/phone number of nearest relative(s) not living with you
All loans subject to credit approval. Restrictions apply, see banker for details.
If you are a DirectNETSM Consumer Online Banking customer and have applied for a Consumer Loan online, check the status of your pending application.
Consumer
