Home Equity Line of Credit
Get StartedNEW OFFER: Get six months of 0% interest
Enjoy six months of freedom from interest with a new home equity line of credit! Then, enjoy a low standard variable APR (as low as 3.99%) thereafter.
Use your home equity with low rates and no surprise fees.
A home equity line of credit (HELOC) is a flexible and affordable way to cover large, ongoing or unexpected expenses, like home improvements and debt consolidation.
- Variable-rate line of credit with a $5,000 minimum credit limit.
- No annual fees, no prepayment penalties, no closing costs.2
- Borrow up to 100% of your home equity (LTV).
- Use and reuse funds and pay interest only on what you borrow.
- 5-year draw period, then take up to 15 years to pay off any remaining balance.
- Interest may be tax deductible (consult your tax advisor).
- Access your line 24/7 in Web Branch. Checks available on request.
Use your line how you want:
- Option to make interest-only payments during your draw period.
- Option to renew your draw period two times, for a total draw period of 15 years.
- Option to convert your balance to a fixed-rate loan for steady repayments.3
A home equity line of credit may be the right choice if:
- You want a lower rate alternative than other loan options.
- You have a good amount of equity built up in your home.
- You want ongoing access to cash, such as for emergencies or college tuition.
Learn more about home equity loans and lines in our FAQs.
Refinance your existing HELOC and get six months of interest-free borrowing!
Get 0% intro APR for 6 months on new HELOCs
Intro - 12 Months Variable Rate Line of Credit1
Standard
Variable Rate Line of Credit1
Find Your Rate & Apply - It's Easy
1
View Your Rate
Get your personalized rate with no hidden fees and no obligation. Checking your rate will not affect your credit score.
2
Choose Your Loan & Apply
Select the option that works for you and complete your application.
3
Submit & Finalize
Our team will review your app and get your funds secured.
Want to Lock Your Rate?
Our HELOCs offer a unique feature: the option to lock your rate by converting all or part of your line of credit balance to a fixed-rate home equity loan.
As you pay down your loan, funds become available to use again in your HELOC. Convert your balance to a fixed rate up to five times during your draw period with no prepayment penalties.3
Contact us to learn more about converting your HELOC balance to a fixed rate.
Related Articles
How to Calculate Your Home Equity
Figuring out how much home equity you have is a great first step to leveraging it to accomplish your financial goals.
Demystifying Home Equity Lines of Credit
While there are plenty of resources that explain what a home equity line of credit (or HELOC) is and what you can use it for, you’re not alone if you still have questions. If you’re intrigued by the prospect of a HELOC, but still cautious about filling out an application, we’re here to help.
