Open an account that offers benefits that match your needs.
Home Equity Lines of Credit
If you’re simply looking to have the option to take advantage of the equity in your home, but don’t necessarily have a set amount in mind, a home equity line of credit may work for you.
With a Home Equity Line of Credit, you:
- Decide when and how much you want to withdrawal from your line of credit, up to your available limit
- Only pay interest on what you actually borrow, not the entire line of credit
- Have 10 years to draw on your line and then 10 years to repay whatever you’ve used
A line of credit provides:
- Competitive variable rate
- Flexible access to money when you need it
- Low to no closing costs on credit lines up to $250,000
- Constant access to your Line of Credit with Online Banking
- Convenient check access for amounts up to available credit limit