Save money with no closing costs and no annual fee!1


Call us today at 800-213-BANK or stop by a location near you.


Rates shown are for the highest qualified borrower. Rates and terms are dependent on credit qualifications. Other credit conditions may apply. See a MidSouth Bank representative for more details.






1This special offer is effective December 15, 2016 and is available for new home equity lines of credit (HELOC) for owner-occupied, single-family residential property located in TX and LA. Minimum line of $10,000. No closing costs on lines up to $250,000. The above Annual Percentage Rate (APR), no closing costs and no annual fees are based on a minimum credit score of 720. In LA the maximum Loan to Value is 90%; in TX the law requires 80% LTV including the HELOC and the HELOC itself can only be a maximum of 50% LTV, a term of 20 years (first 10 years: interest-only payments; last 10: principal and interest payments and no draws may be made in last 10 years) and a minimum draw of $4,000. In LA the term is 10 years and if line of credit is closed within 12 months the customer must pay a penalty equal to the closing costs paid by the bank. If all requirements are met by the LA or TX state law, the introductory rate of 1.95% will be in effect for the first 6 months after your account is opened. Upon expiration of the introductory rate, all balances will accrue at Wall Street Journal Prime (WSJP is currently 3.75% and may vary) plus .49% (currently 4.24%). Maximum Annual Percentage Rate (APR) of 18%. Jumbo Loans ($417,000 and over) are subject to a 70% Loan-to-Value cap. Offer is subject to credit approval and property insurance is required. Certain conditions and restrictions may apply. Offer subject to change without notice, see a bank employee for complete details. Please consult your tax advisor regarding the deductibility of interest. 2Rates and terms will be based on current loan program. Your MidSouth Bank lender will be happy to discuss in more detail.