Home Equity Loans and Lines of Credit for Smarter Borrowing
Need to borrow money for a big-ticket item like a renovation project or a special anniversary trip? Use your home and its equity to access a cost-effective home equity loan or line of credit. Withand repayment terms, you can save money on interest payments and get the fees refunded based on qualification.*
Home Equity Loan
Borrow a lump sum amount to pay for a large one-time purchase. Our home equity loan is available for up to 100 percent of the appraised value of your home with terms ranging from one to 10 years.
Home Equity Line of Credit
Another way to access the equity in your home is with a home equity line of credit (HELOC). It allows you to borrow a set amount, and then withdraw money as you need it. You have up to five years to access the funds and up to 10 years for repayment. Interest accrues only on the amount you use, not necessarily on the entire line of credit.