Updating your home? Making necessary home repairs or upgrades? You may be able to use a home equity loan or home equity line of credit to finance your home improvements!
When using the equity in your home for a loan or line of credit,
you can experience lower interest rates than many other financing methods like unsecured loans or credit cards.
Home Equity Line of Credit
Access funds as you need them, borrow as much or as little as you need for recurring home expenses.
5.75% APR Introductory rate for the first 12 months
5-year draw period
Access the funds as you need them with a cash advance; borrow as much or as little as you need from your pre-determined limit
Repayment starts 30 days after funds are accessed
Pay off your line of credit and use it again when needed
Home equity lines are secured by the value of your home
Variable interest rate, adjusted based on the current prime rate