There are no pre-payment penalties associated with a home equity line of credit.

Tower pays all closing costs that are associated with a home equity line on your behalf as long as you retain the loan for 24 months or more. You will be re...

Apply online and receive an instant response or pick up an application from any branch. You can also call the Member Service Center at 301-497-7000 or 800-7...

Call the Member Service Center at 301-497-7000 or 800-787-8328 and ask for Loan Servicing

Here are some ways you can make payments: To make transfers from a Tower account, use Home Banking or our Mobile app. Click on Make A Payment at towerfcu...

When a payment is made, all unpaid interest will be satisfied first. This includes interest that has accrued after the billing end date and is not yet provi...

All documents will be mailed to your home address. Tower will provide a settlement date to you. Sign the documents in the presence of a Notary Public on or ...

The annual percentage rate can change quarterly on the 11th day of January, April, July and October. There is no limit on the amount by which the annual per...

Your home equity line interest may be tax deductible. Consult a tax advisor for details

A home equity line of credit is a variable-rate open-end loan. It allows you to draw on your loan at your convenience with a 15-year draw period and a 15-ye...