Put your house to work
for you with a Home Equity Loan! Call us today for NORTHWEST GEORGIA BANK
Take advantage of the equity that you more information and
have built up in your home. You’ve
worked hard for it! details about how we
can serve you.
With a Home Equity Loan from
Northwest Georgia Bank you get
great rates, wonderful service and
unmatched flexibility. Come in today
to find out how you can put your Northwest Georgia Bank
house to work for you.
5063 Alabama Highway
What can a Home Equity Ringgold, Georgia 30736
product be used for?
Home Equity Loans can be used for
those home improvement projects
you’ve been putting off or to finally
take that dream vacation you’ve
Consolidate your debt, start a
business, or go back to school. With
Northwest Georgia Bank, your
possibilities are endless!
Accurate as of
January 1, 2010
Put your house to work for you!
What type of loan would be best for you?
Home Equity Loan* Home Equity Line of Credit **
Do you know exactly how much you need? Are you uncertain about how much you need?
Do you like the stability of having a set Do you prefer flexibility? If so, our Home
payment each month? Consider our Home Equity Line of Credit may be the best choice
Equity Loan. for you.
• Variable rate based on Prime + Margin • Two great repayment options, including
or fixed rate option available interest-only up to 5 years
• 5-year maturity with up to 15-year • You receive checks and a MasterCard for
• 5-year draw period and maturity
*Subject to credit approval. For variable ** Subject to credit approval. The annual
rate loan, the annual percentage rate (APR) percentage rate (APR) may vary monthly and Competitive Rates
may vary monthly. Payment example for a will never be greater than 21% or the
Northwest Georgia Bank always offers a
$10,000 loan with an APR of 8%: you would maximum allowed by applicable law. Evidence
competitive interest rate. With our low rates,
make 59 payments of $122.54 and a final of property and flood insurance, if applicable, is
you can rest assured that you’re getting a
balloon of $6,166.13 would result. Payment required. Based on a current APR of 8.25%, if
example does not include amounts for taxes you make only the minimum payment, a
and insurance premiums. balloon payment will result. Since the interest on a home equity loan is
often tax deductible, your “After-Tax” rate
could be even lower. Consult your tax advisor
about deductibility of interest.
We’re a neighborhood bank and that allows
us to offer unparalleled service to our
customers. At Northwest Georgia Bank,
we believe in relationships and giving our
customers the personal attention they deserve.