Home Equity Lines of Credit

Like a Home Equity Loan, a home equity line of credit (HELOC) uses your home to secure cash for your next big purchase. But instead of receiving a lump sum upon approval, with a HELOC, you are pre-approved for a set amount to withdraw and use as you see fit.

  • Variable interest rate
  • Easy access to funds as you need them
  • Pay interest on only what you use
  • Interest may be tax deductible1
  • No need to re-apply
  • Pay it off and use it again
1Consult with your tax advisor.