Home Equity Line of Credit

Is a HELOC Right for You?

A home equity line of credit is a loan that uses your house as collateral. A homeowner is allowed to borrow up to a certain amount against the value of their home and draw money as they need it.  A HELOC will have a variable rate and borrowers will only make payments on the amount they use (or “draw”) from their line.

Why a HELOC is Beneficial to You:

• Combine the convenience of a line of credit with the flexibility of up to 3 fixed rate advances simultaneously. No need to reapply.
• You can have lower monthly payments with an interest-only payment method.
• Link your line to your PSBT account to make payments on any device.
• Consolidate your debt for a lower rate.
• Our team will take you through the application process step-by-step. No hassles.