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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

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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 Powered By Docstoc
					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.
                                                                                            Home Equity
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?
                                                          706-965-3000
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
always wanted.
                                        www.northwestgabank.com
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
                                                                      Member FDIC


                                                                                     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
    amortization                                convenience
                                              • 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
                                                                                                   great deal.
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.

                                                                                                                 Great Service
                                                                                                   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.

				
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Description: Home Equity Loans and Equity Line of Credit Georgia document sample