Home Equity Line of Credit

Home Equity Line of Credit

Do you need to cover major home repairs, a medical emergency or your child's college education? Community Bank's Home Equity Line of Credit ends the inconvenience of applying each time you need to borrow money. You pay nothing until you write a check as you borrow off the equity of your home and funds are available immediately - when you need them most.

Plus, interest rates are based on 1/2% below the daily Prime Rate* reported in the Wall Street Journal Index with a floor of 4.00% APR. The Bank recognizes an obligation to lend money primarily to our client depositors. The Bank's primary market is Cass County, Missouri and includes the census tracts defined in the Bank Community Reinvestment Act (CRA) Statement. Any loan request outside our market area will be given careful consideration.

* The Annual Percentage Rate (APR) may change daily, but will not exceed 18%. Maximum combined LTV is up to 80% (including prior mortgages or liens). Insurance must be carried on the property securing this loan.


Please come in to apply today. If you have questions please feel free to contact one of our qualified loan officers by phone at 816-322-2100 or e-mail us at pbr@cbronline.net.*

*Community Bank of Raymore uses the latest encryption technologies to ensure the security of its web site. However, we ask you NOT to include confidential information including account numbers, passwords, Social Security numbers, etc., in any electronic communication. To discuss confidential information, please stop by one of our Community Bank locations (Raymore, Peculiar or Harrisonville) or simply call 816-322-2100.

  • No closing costs
  • No pre-payment penalty
  • Remodel or upgrade your home
  • Cover medical expenses, unexpected bills or taxes
  • Payoff higher interest rate loans
  • Finance or refinance your vehicle
  • College tuition
  • Bill consolidation
  • Vacation
  • Easy access to funds, simply write a check
  • Line of credit is reusable
  • Interest may be tax deductible - please consult with your tax advisor

A. During draw period (first 120 months of 240 month schedule) - monthly interest only payments

B. During repayment period (last 120 months of 240 month schedule)- monthly payments equal to 0.8% of the outstanding balance plus interest with a minimum payment of $100

Rates & Terms

The Home Equity Line of Credit interest rate is based on the printed Daily Prime Rate located in the Rate Index of the Wall Street Journal* minus 1/2% with a floor rate of 4.00%. Disclosures available here. Apply today by calling us at (816) 322-2100 and ask for a Home Equity Loan Officer.

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