Home Equity Line of Credit
Summary
If your borrowing needs are ongoing, a flexible Home Equity Line of Credit (HELOC) may be the perfect solution. With a HELOC, you can borrow funds as needed, pay interest only on what you use during the draw period, and enjoy the convenience of a reusable line of credit secured by your home’s equity.
- Reusable source of funds for ongoing expenses
- Borrow only what you need, when you need it
- Variable interest rate
- Pay interest only on the amount you use
- Experienced lenders to guide you through every step
- Interest may be tax deductible*
*Please consult with your tax advisor.