This product is an open line of credit secured by a primary home.
What is a Home Equity Line of Credit (HELOC)
A Customer calls into the Virtual Center regarding an overdraft that was returned because their account did not have compensating funds.
Overdraft Protection (ODP)
This type of evaluation is typically used for a home under $500,000.
Automated Evaluation Method (AVM)
This product uses NADA for an evaluation of the collateral.
Auto Loan
A Core Bank Customer comes into one of our locations looking for a debt consolidation loan. They are currently homeowners.
Home Equity Loan (HEIL) or
Home Equity Line of Credit (HELOC)
A customer needs $500 ASAP.
Core Trainer with ABC Training would like a line of credit. When offered our Overdraft line of credit, they reply with a request for at least $10,000.
Commercial Referral