Home Equity Line of Credit (HELOC) in Nashville

Access the equity in your personal residence with a Home Equity Line of Credit.  Unlock the funds you need for land purchases, building projects, education expenses, etc.  Our HELOC loans offer flexible terms and competitive rates.  Contact us today!

What is a Home Equity Line of Credit ?

A Home Equity Line of Credit (HELOC) is a versatile financing option that allows homeowners to leverage the equity in their property. With a HELOC, you can access funds as needed, up to a predetermined credit limit, using your home as collateral. This flexible borrowing solution is ideal for various purposes, including home improvements, education expenses, debt consolidation, or unexpected expenses. With competitive rates and terms, our HELOCS can provide you with the flexibility you may need to accomplish your financial goals.  Contact us today to learn more about how a HELOC can “unlock” some of your home’s equity. 

Our Home Equity Line of Credit (HELOC) Application & Approval Process

At My Town Bank, we strive to make the application and approval process for your Home Equity Line of Credit (HELOC) as seamless and transparent as possible. Our dedicated team is here to provide exceptional support and personalized guidance every step of the way. Here's an overview of our streamlined process:

Get Started

    • Getting Started


      HELOC Consultation

      Begin by scheduling a consultation with our HELOC specialists. They will assess your financial goals, discuss your borrowing needs, and help determine the best HELOC solution for you.

      Application Submission

      Once you're ready to proceed, submit a formal HELOC application. Our experienced loan officers will guide you through the application process and assist in gathering the necessary documentation.


    • Processing & Underwriting


      Loan Processing

      After receiving your application, our team will initiate the processing phase. We will carefully review and verify the provided information, including your financial history, creditworthiness, and home equity.

      Underwriting Evaluation

      Your application will be evaluated by our underwriting department. Our knowledgeable underwriters will assess your financial profile, review the value of your home equity, and other relevant factors to make a final decision on your HELOC approval.


    • Approval, Closing & Funding


      Loan Approval and Closing

      Upon successful underwriting, you will receive an official loan approval for your HELOC. We will work closely with you and the necessary parties to schedule the closing meeting. During the closing, you will have the opportunity to review and sign all the required HELOC documents.

      Loan Funding and Disbursement

      Once the closing is completed, the funds will be disbursed according to the terms of your HELOC. Whether you're using the funds for home improvements, education expenses, or other financial needs, our team will ensure a smooth and timely transaction.