Home is where your equity is.
If you have a good amount of equity built in your home, you can establish a home equity line of credit as an alternative to a term loan. With a HELOC, you are pre-approved for a revolving credit line that you can access as needed.
Features
- Great for large purchases or unexpected expenses
- Affordable alternative to high-interest credit cards
- Re-access as needed without re-applying
- Competitive rates
- Interest may be tax deductible*
- Local decision-making
*Consult your tax advisor
Credit qualification required.