Home Equity Lines of Credit (HELOC)

Home is where the heart is, but it’s also a great source of affordable financing with a competitive-rate HELOC.

Key Features

Details

Competitively low rates for a wide range of ongoing or short-term/seasonal needs:
- Home improvements
- Medical expenses
- Automobile purchase
- Business expenses
- College
- Vacation
- And more
Equity in home is used as collateral and secures financing
Amount is based upon a maximum 80% of appraised value of home minus the balance of the first mortgages
Terms of 10 years (or 120 payments) available
Funds available as needs arise
Re-access funds at any time without reapplying
Financing customized based on your need and loan type
Variable monthly payments of interest due
Interest paid may be tax deductible¹
Homeowners insurance is required
Local decision-making and processing
Customer-first service from start to finish

¹Consult a tax advisor.