Use your home's equity for your next big purchase!
It’s easy to envision where you want to go with a Home Equity Line of Credit from Quad City Bank & Trust. Access the equity you have in your home to pay for virtually ANYTHING - vehicles, weddings, remodeling projects, vacation, unexpected costs, or consolidating your debt.
Home Equity Line of Credit1
A Home Equity Line of Credit offers flexibility as it allows you to borrow money as you need it using your home as collateral. Other benefits:
- Pay no closing costs
- Ability to borrow up to available line of credit, as needed
- Variable interest rate
- Interest-only monthly payments2
- Principal reduction payments may be made as often as you choose, with no prepayment penalty
To learn more about your options and our competitive rates and terms, call to speak with an Account Executive at 563.388.7228.
Please note: Quad City Bank & Trust originates loans in the following counties - Scott County, IA and Rock Island County, IL. If you reside outside of these counties, please contact Customer Care at 563.468.6277 and ask to speak with a loan officer.
Contact an Account Executive
Fill out this form to have an Account Executive contact you regarding our Home Equity Line of Credit options and to answer any questions you may have.
1 Subject to final credit approval. The variable rate line of credit or loan amount you can qualify for is based on your home’s Loan to Value ratio, payment term, income, and credit history. Annual Percentage Rate (APR) of 4.858% is subject to change. Maximum APR of 21.00%.
2 Based on a loan amount of $10,000. The minimum monthly loan payment required is an interest-only payment based on the outstanding principal balance of the line of credit. If this payment schedule is followed, the loan will not be paid in full at maturity, which is typically 66 months and a final balloon payment of $10,000 will be necessary to repay the debt. Principal reduction payments may be made as often as you choose, with no prepayment penalty.Other terms, rates and loan amounts are available. Homeowners insurance is required.