Home Equity Lines of Credit
Find Extra Money, Right From Your Home!
A Home Equity Line of Credit (HELOC) helps handle today's unexpected expenses. From access to emergency funds, paying bills or for school, or making home improvements, 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*
Withdraw funds only when you need them
Payments don’t begin until you actually use the money
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**
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.