Home Equity Lines of Credit
An equity line of credit may be right for you if you want access to your money over time, for expenses like ongoing home improvements or tuition payments. Money is available when and where it's needed. After you pay down the balance, money is available for use again.
Variable rate home equity line of credit
- It is yours to use any time, for any purpose, simply by writing a check
- Once your line of credit is established, the funds are immediately available
- Since this is a revolving line of credit, the principal repaid is yours to use again
Loans are subject to credit approval.