Home Equity Line of Credit (HELOC)
With no closing costs and rate lock options, there's no better time to apply for a line of credit! Our HELOCs come with:
- No closing costs
- Fixed rate options allow you to lock in consistent payment amounts if interest rates increase (fees apply)
- Use your credit line all at once or in increments, right away or at a later date.
A line of credit, tied to the equity in your home, provides ongoing access to funds. Monthly payments vary based upon the amount of line usage advanced. A home equity line of credit may be right for you if you want access to your money over a period of time.
- Competitive rates
- Secured by the equity in your home
- Available line is based upon a percentage of your LTV (loan-to-value) for qualified borrowers
- Monthly payments are based upon your usage
- Available all at once or in increments, right away or at a later date
- Interest may be tax deductible (consult your tax adviser)
- May access via a debit card