Home Equity Line of Credit

Use the equity you have built up in your home to help with upcoming expenses or unexpected emergencies.

With our Home Equity Line of Credit, you can write yourself a loan anytime you need money. Check out the following features of our product and visit a nearby officer for more information.

Features

Minimum loan amount of $10,000
Interest on a home equity credit line may be tax deductible. (Consult your tax advisor for further information.)
Attorney closing required
Appraisal required
Variable interest rate

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Not a bank or credit union deposit obligation. Not FDIC or NCUA insured. Not insured by any federal government agency. Not guaranteed by any bank or credit union. May go down in value.

South Atlantic Bank receives compensation from MML Investors Services (MMLIS) and its affiliates for referring clients to MMLIS and its representatives. MMLIS’s affiliates include Massachusetts Mutual Life Insurance Company (MassMutual), MML Bay State Life Insurance Company (MML Bay State), C.M. Life Insurance Company (CM Life) and MML Insurance Agency, LLC (MMLIA). As a result, South Atlantic Bank has an incentive to refer clients to MMLIS and its representatives.

For the products and services offered through MMLIS, South Atlantic Bank with receive 12% of the dealer concessions, commissions and advisory fees received by MMLIS. For products offered through MMLIA, South Atlantic Bank will receive a percentage (which will be determined at the time of purchase) of the compensation paid to the MMLIS representative. For all products offered by MassMutual, MML Bay State and CM Life, South Atlantic Bank will receive a percentage (which will be determined at the time of purchase) of the compensation paid to the MMLIS representative.

Securities, investment advisory and financial planning services offered through qualified registered representatives of MML Investors Services, LLC., Member SIPC. Supervisory Office: 40 Calhoun Street, Suite 310, Charleston, SC 29401, Phone: 843-856-3411. South Atlantic Bank is not a subsidiary or affiliate of MML Investors Services and is not a current client. Local sales agencies are not subsidiaries of Massachusetts Mutual Life Insurance Company (MassMutual) or its affiliated companies.