Home Equity Lines of Credit
2020 Has Us All Spending A Lot More Time At Home
Make it the home you love! Spruce up your yard, update your kitchen or bathroom, furnish that home office you may now need, put in a pool - or do it all with a Home Equity Line of Credit!
From making home improvements, consolidating debt, financing education and more, money is there when you need it.
Benefits of a Home Equity Line of Credit
A lower rate than most credit cards
Access up to 85% of your home’s appraised value*
Advance funds only when you need them
If the purpose of your home equity line of credit advance is for substantial home improvements or to purchase your primary residence, interest payments may be tax deductible**
And, pay no upfront closing costs or fees if your initial advance is $25,000 or greater. (See closing documents for complete details.)
Not sure if a HELOC is right for you?
*Minus any outstanding balances owed. **As with any financial transaction with tax implications, we encourage you to consult with a tax professional to receive the most current information.