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Home Equity Line of Credit 

Unlike a traditional Home Equity Loan that pays out one lump sum, when you choose a Line of Credit, you are approved up to a determined limit based on the equity in your home. When you need funds, to pay the contractor or to secure your dream vacation, with just a phone call, you may draw up to your approved limit without the need to reapply*.

  • Get added funding flexibility
  • Great for ongoing projects or expenses
  • Use and repay on an ongoing basis
  • Pay interest on only the amount of money in use

*A HELOC has a limited term. When term expires, you must reapply to renew revolving credit.
 

 

 

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