Hank the pig
Tip from Hank

Home Equity Line of Credit

Home Equity Line of Credit (HELOC)

A home equity line of credit is a great way to finance recurring expenses like college tuition or for special expenses like weddings and vacations. Not to mention life’s unexpected expenses.

HELOC benefits include:

  • Low variable rate based on Prime (quoted daily);
  • Borrow up to 89% of your home’s value;
  • Interest is only charged on the portion you use;
  • Funds readily accessible when you need them;
  • No closing costs or prepayment penalties; and
  • Interest may be tax deductible**

* With approved credit. Some restrictions may apply.
** for tax deductibility, contact your tax advisor.

Equal Housing Lender