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Cash Value
Line of Credit

Borrow smartly and securely.

Borrow against the cash value of your life insurance policy to get access to the money you need now.

Plan the Perfect Wedding. Kick-start Your Business.
Plan the Perfect Wedding. Kick-start Your Business.

Plan the Perfect Wedding. Kick-start Your Business.

A cash value line of credit is the way to go for your next venture. We’ll help you get there.
At Coastal States Bank, we offer a Cash Value Line of Credit that allows you to access the money you need now by borrowing against the cash value of your life insurance policy. Our flexible terms and competitive rates give you the flexibility to borrow what you need for any purpose. Whether you're looking to renovate your home, plan your dream wedding or kick-start your business venture, our team is here to help.

Features & Benefits

  • Policy dividends and other benefits are not affected
  • Multiple policies can be assigned to one line of credit
  • Convenient and low-cost alternative
  • Interest may be deductible (consult your tax advisor)
  • Individual and Trust borrowers are accepted
  • Online and Checkbook accessibility to funds
  • Monitor your account online

Structure & Pricing

  • Lines of Credit up to 100% of Cash Value
  • Variable Rate Indexed to the WSJ Prime Rate
  • Minimum credit line - $100,000
  • Maximum credit line - $2,500,000 (larger lines considered upon request)
  • 60 Month Term
  • Monthly interest-only payments

Use it to ...

  • Buy or renovate a home
  • Pay off emergency expenses
  • Start a business
  • Pay for college or school tuition
  • Plan a wedding or vacation

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Loans for a Happy Home and Heart.
Loans for a Happy Home and Heart.

Loans for a Happy Home and Heart.

Speak to a mortgage expert to find the perfect loan to match your perfect home.

Residential Mortgages