Jackson was worried about emergency expenses — now he’s covered with a HELOC from Fidelity Bank
Is your emergency fund lower than you’d like? Here’s what Jackson did…
When Jackson heard his neighbor’s water heater broke and learned how much the repairs cost, he panicked. He realized he didn’t have an emergency fund built up to pay for any unexpected home repairs. Jackson knew the roof on his house was pretty old and he’s worried about his low-performing central air unit. He thought he was doing financially well, but realized if an emergency popped up, he had limited options.
He could pay for expenses using a few different credit cards, but he was in the process of paying them down and not looking to pay more back in high interest charges. He didn’t want to touch his retirement funds either, so he set out to find a better option.
Jackson reached out to Fidelity Bank and found out he could get approved for a HELOC quickly and with a much lower interest rate than a credit card. He liked knowing that he had access to funds in case of an emergency, and would only have to pay back any money he ended up withdrawing. Jackson sleeps better at night now that he knows he’s covered.
Fidelity’s LifeDesign Banking approach provides you with the clarity and confidence you need to set you up for financial well-being.
Introductory rates as low as 4.99%* APR
7.75%* APR thereafter
Get access to the cash you need, now.
Home equity lines of credit can be used to accomplish many goals. Here are a few examples…
The Kim family used their HELOC to improve their home.
Alex used his HELOC to consolidate credit card debt and pay it off fast.
Instead of credit cards, Olivia grew her business with a low-rate HELOC.
*Annual Percentage Rates (APR) accurate as of 5/30/23. The introductory APR of 4.99% APR will be in effect for the first 6 months of your loan. After the introductory rate period, the subsequent Annual Percentage Rate (APR) will adjust monthly based on the highest Wall Street Journal published Prime Rate on the last business day of each month. Introductory APR only available to clients: without an existing Fidelity Bank home equity line or loan; with an existing or new CareChecking account; and with an automatic payment deduction from a Fidelity Bank Checking Account. Subsequent APR is prime minus .50%, prime minus .625 % with CareMore or SecureCare Checking, or prime minus .75% with CompleteCare Checking. Rate will never exceed 18% APR or drop below 4.00% APR. Available on 1-2 family owner-occupied homes and condominiums only. Loans available from $10,000 and up. You can borrow up to 100% of the equity you have in your home. Loans exceeding 75.01% Combined Loan to Value (CLTV) may have higher rates and require Private Mortgage Insurance (PMI). Property insurance required. There is an annual fee of $50.00. Interest begins to accrue when funds are advanced from line of credit. If the line is closed within 3 years, the Bank’s closing costs must be repaid. Interest may be tax-deductible. Please consult your tax advisor. All loans are subject to credit approval. Other restrictions may apply. Offers subject to change or termination at any time.
The Fidelity Bank LifeDesign HELOC examples are fictitious and not based on real people or stories. Any resemblance to actual events or locales or persons is entirely coincidental.