Home Equity Line of Credit

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 home equity loan.

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.

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Get a lower intro rate for six months when you refinance your existing HELOC with us. Learn More