Put Your Home's Equity to Work
With a Home Equity Line of Credit (HELOC), you can borrow against the equity in your home at a lower loan rate than with traditional unsecured loans. It's a great option to have if you suddenly need access to funds for an emergency or large expense. If you need to tap into your HELOC, you can simply transfer the funds through Online or Mobile Banking.
Withdraw funds as you need them (up to your available limit), and you'll only make payments on the amount you have borrowed against the line.
- 10-year draw period
- 15-year repayment period
- Up to 90% LTV (loan-to-value)
- Adjustable-rate (based on Prime)
- $1,000 minimum withdrawal limit
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