Home Equity Line of Credit

It's your money, why not use it?

You've been faithfully making mortgage payments for years. Meanwhile, home values have shot up. You find yourself sitting on a great deal of equity. That's money you can tap into today. For home improvements. College costs. Even paying down high credit card debt. See how a Home Equity Line of Credit can make better use of the equity you've built up. 

A SECURITY BLANKET

Don't have a use for your home's equity right now? That's OK! You only pay interest on the money you use, but you'll be ready if you have any unforeseen large expenses.

ACCOUNT DETAILS:

  • Must be secured by your primary residence as a first mortgage or as a second mortgage - additional restrictions may apply if the HELOC will be a second lien. 
  • Fast Approval
  • Competitive Rates
  • Minimal Closing Costs
  • Only the interest is due every month
  • Balance is due at the end of the term

*Be sure to check with your tax advisor to determine your eligibility for tax-deductibility of any interest paid on a home equity loan.
 

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