BORROW ONLY WHAT YOU NEED
A home equity line of credit — or HELOC — is a personal line of credit secured by the equity in your home. One of the most common uses of HELOCs is to pay for repairs and enhancements to a house, which essentially makes them home improvement loans.
But HELOCs can be used to fund more than home improvement projects. You can pay for supplies, unexpected expenses and even vacations. It’s as easy as writing out a check!
HELOC Features
- Borrow only as much as you need
- Instant access to your funds
- Competitive rates and great terms
- Flexible payments
- Opportunity to auto-renew each year