Home EquityCHOICE Line of Credit

BankAtlantic's Home EquityCHOICE® Line of Credit is a flexible, revolving line of credit secured by the equity in your home. Our Home EquityCHOICE® Line of Credit gives you the flexibility to access the money you need, when you need it - it's as easy as writing a check. Your house is more than a home, it is a valuable investment. BankAtlantic provides a number of ways to put that investment to work for you. 

Take advantage of:...to accomplish your goals:
Low Monthly PaymentsHome Improvements
Competitive RatesCollege Tuition
Interest paid may be tax-deductible (consult your tax advisor about the deductibility of interest)Debt Consolidation
No closing costs for Lines up to $250,000 Your “Dream” Vacation
Maximum Line of Credit up to $500,000Financial “Peace of Mind”


With the BankAtlantic Home EquityCHOICE® Line of Credit you can:

  • Access available funds from your line of credit to pay expenses over time
  • Benefit from interest that may be tax deductible. Check with your tax advisor about whether you qualify for a tax deduction.
  • Select a monthly payment that fits your budget

 

How it Works:

  • Access available funds up to your credit limit as you pay down the line of credit balance without the need to re-apply
  • Access your funds by check or direct transfer
  • Manage your account through Online Banking 
  • Low Annual fee may apply

 

Interest Rates:

  • Competitive Variable Annual Percentage Rates
  • Rates for home equity lines of credit are usually much lower than credit cards or other unsecured loans

 

Making Payments:

  • Flexible repayment options, including interest only
  • Make additional payments to pay down your line of credit balance at any time without penalty as long as your account remains open

 

Relationship Discounts:

  • Discounts available with a qualifying BankAtlantic depository relationship, Auto Pay and Escrow.  

 

Apply Now

 

 

Important Terms of Home EquityCHOICE Line of Credit

 

 

Hours vary by location; visit BankAtlantic.com/Locations for a complete listing. Rates and terms are subject to change without notice and may be withdrawn at any time. All applications are subject to standard underwriting and credit approval. Security property must be residential property (does not include seasonal homes or investment properties) in Florida only. Property insurance is required. Flood and Wind insurance may be required. You must qualify for a minimum credit line of $10,000. Consult your tax adviser about the deductibility of interest.

 

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