Home Equity Line of Credit

HELOC LOANS


Unlock your home’s potential with a home equity line of credit (HELOC) from our Nashville loan experts. With competitive rates, personalized guidance, and a focus on serving local homeowners, we’re here to help you make the most of your home’s value. Contact us today to learn more about how a HELOC can “unlock” some of your home’s equity. 

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Home Equity Loans in Nashville

Access the equity in your personal residence with home equity borrowing. Unlock the funds you need for land purchases, building projects, education expenses, etc. Our equity financing loans offer flexible terms and competitive rates.

What is a home equity line of credit?

A home equity line of credit, also called a HELOC, is a versatile financing option that allows homeowners to leverage the equity in their property. With a home equity credit line, 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 real estate equity loans can provide you with the flexibility you may need to accomplish your financial goals.

Our Home Equity Financing Process

At MB&T, we strive to make the application and approval process for your equity financing loan 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.

    • Getting Started

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      HELOC Consultation

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

      Application Submission

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

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    • Processing & Underwriting

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      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 approval.

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    • Approval, Closing & Funding

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      Loan Approval and Closing

      Upon successful underwriting, you will receive an official loan approval for your flexible equity loan. 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 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.

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    Ken Smart

    Senior Vice President, Nashville Office

    Ken is Senior Vice President and lives here in Nashville. He is a graduate of Western Kentucky University with a degree in finance and a minor in military science. Ken is a former officer of the United States Army Reserve. Ken holds post graduate degrees in banking from both KBMI School of Bank Management, LSU Graduate School of Banking, and the ABA Stonier Graduate School of Banking. Ken has over thirty years of banking / lending experience with expertise in commercial real estate, residential real estate, construction lending as well as consumer lending.

    629.777.8696
    Email Ken

    Why Morgantown Bank & Trust?

    Morgantown Bank & Trust cares about its customers like family and makes them customers for life. MB&T is a locally owned community bank headquartered in South Central Kentucky. We understand your needs and work hard to provide you with competitive products and avoid as much “red tape” as possible, which is often the case in today’s “big bank” environment.

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