Home Equity Line of Credit

Home Equity Line Of Credit

A Home Equity Line of Credit (HELOC) can help turn your goals into reality
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Home Equity Line of Credit (HELOC)

Hit “refresh” on your kitchen, purchase new furniture, or take a little R & R getaway

A home equity line of credit, or HELOC, is a revolving credit line. It’s secured by the equity you’ve built in your home and can be used as needed — like a credit card. You only pay interest on what you draw from your HELOC.

Line of Credit benefits:

  • Borrow up to $300,000 (up to 90% of your assessed or appraised value)
  • Variable rate with up to 22-year term (10-year draw period)
  • Low rates with affordable repayment terms; payment based on balance
  • Tap into the line of credit any time you need it 
  • Direct Deposit and Payroll Deduction Payments to fit your unique pay schedule
  • Interest paid may be tax deductible
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Learn more about HELOCs.

Download your free copy of “What You Should Know About Home Equity Lines of Credit” booklet prepared by the Consumer Financial Protection Bureau (CFPB).

Download PDF Booklet

Frequently Asked Questions

Lupe was an excellent loan officer. She was friendly and very patient with my questions. Thank you.

Primrose S.  | Member SINCE 1999
Primrose S.

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