LOANS & LINES OF CREDIT

A Full Range of Loan Options with Competitive Rates
We are pleased to offer a wide selection of loan products with flexible terms and competitive interest rates. Our friendly, knowledgeable bankers are ready to assist you in selecting the best options to help you achieve your financial goals. Stop into your local TB bank center or contact us via enquiry@transcorpbank.com

Home Equity
Put your home to work for you! Use the existing equity in your primary residence to establish a Home Equity Fixed Rate loan or Home Equity Line of Credit. And the interest may be tax-deductible, so check with your tax advisor. For current rate and term information, please contact FCB at 301-620-1400. Let’s discuss your possibilities!

Home Equity Line of Credit
If you have equity in your home, FB’s Equity One HELOC is an ideal way to pay for home improvements, consolidate debt or reduce your mortgage principal balance. It’s a revolving line of credit in which you pay interest only on the amount you borrow. We offer competitive rates and there are no closing costs** to open a HELOC or to refinance an existing mortgage loan. Your mortgage and line of credit are rolled into one convenient payment and you’ll enjoy these benefits as well:

Three easy ways to access the line
Write a check
Use FB’s Online Banking service to transfer funds to your FCB checking account
Obtain a cash advance at any TB bank center
A variable interest rate
No annual fee
A discounted rate when you enroll in automatic payments from your TB checking or savings account
Home Equity Fixed Rate Loan
Borrow the amount you need
Know exactly what the future holds with a fixed interest rate and term of the loan
Receive a discounted rate when you enroll in automatic payments from your TB checking or savings account
Mortgage
If you’re ready to purchase a home, refinance the one you live in or even construct a new one,we’re ready to help with a full array of mortgage loans to fit your individual needs.

You’ll find we offer highly competitive rates on:

Traditional Fixed-Rate Mortgage Loans
Adjustable Rate Mortgages (ARMs)
Low-Interest Balloon Mortgages
Construction Loans
Home Loan Refinancing
Talk to one of our associates for details or complete an ONLINE APPLICATION to begin the qualifying process.

Installment Loans
Transcorp Bank offers secured and unsecured simple-interest loans for a variety of purposes. If you’d like current rate and term information, please contact us at enquiry@transcorpbank.com and we’ll be happy to help.

Vehicle Loans
Secured by the vehicle you are purchasing or refinancing
Interest rate and term of loan are fixed
Discounted rate when you enroll in automatic payments from your TB checking or savings account
Unsecured Loans
Requires no collateral
Interest rate and term of loan are fixed
Discounted rate when you enroll in automatic payments from your TB checking or savings account
Lines of Credit
As a Transcorp Bank customer, you may be eligible for an unsecured personal revolving line of credit tied to your checking account through FB’s Ready Reserve program. You may use the line of credit for automated overdraft protection or as a check-activated line of credit when you need extra cash.

*All TB loan products are subject to underwriting and credit approval. There is no prepayment penalty for consumer loans and lines of credit.
**TB postpones the closing costs provided the credit limit does not exceed $100,000. If the line is closed within three years of settlement, the customer must reimburse TB for closing costs. The customer must also agree to a one-time payment of the recordation tax at settlement.