Home Equity Line of Credit (HELOC)
A variable-rate (second) mortgage loan secured by the equity in your home allows you to control the money. Access as much or little of your line of credit, or up to the line limit if you want, at any time. When you use the money, make interest-only minimum monthly payments, or pay off the balance and keep the line open. You control the payments.
HELOC features and benefits:
Some fees apply.
- $50 Home Equity Line of Credit Annual Fee
- Appraisal fee necessary to process the loan application (ask us for details)
APR5 |
Max Fixed Term |
Max Variable Term |
Max CLTV |
As low as 9.25% APR |
N/A |
N/A |
<=80% |
As low as 9.75% APR |
N/A |
N/A |
>80% <=90% |
Rates effective as of 9/28/2023