Home Equity Line of Credit

Your Home Has Value. With A HELOC.

A HELOC can give you flexible access to your home's equity when you need it — whether you're planning a major project, managing expenses, or pursuing your next financial goal.

A HELOC can give you flexible access to your home's equity when you need it — whether you're planning a major project, managing expenses, or pursuing your next financial goal.

 Your Home Has Value. With A HELOC.
How It Works

Turn Home Equity Into Financial Flexibility.

Over time, your home may build significant equity. A Home Equity Line of Credit can provide a way to access some of that equity without selling your home.

Unlike a traditional lump-sum loan, a HELOC generally works as a revolving line of credit. You can access funds when needed, up to your approved credit limit.

Your loan professional can help you understand the available options, costs and requirements based on your individual situation.

One Line. Multiple Possibilities.

Put Your Equity Toward What Matters.

Access your home’s equity to fund renovations, consolidate debt, cover major expenses, or achieve your financial goals with flexibility.

01 / HOME

Home Improvements

Fund renovations, remodeling projects, repairs or improvements that can make your home work better for you.

02 / FINANCE

Major Expenses

Access funds for significant planned expenses while maintaining flexibility around when you use the available credit.

03 / FUTURE

Financial Flexibility

Keep a source of available credit ready for eligible expenses and future financial needs.

04 / GOALS

Your Next Goal

Whether you're planning ahead or responding to an unexpected expense, your equity may provide another financial option.

HELOC
Why Consider A HELOC?

Access Equity Without Selling Your Home.

Your home's equity represents part of the value you've built over time. A HELOC may provide a flexible way to access that equity while continuing to own and live in your home.

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Flexible Access Draw funds as needed, subject to the terms and conditions of your HELOC.
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Reusable Credit Available credit may replenish as you repay borrowed amounts during the applicable draw period.
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Secured By Your Home A HELOC is secured by your home, which means understanding the associated risks is important.
A Clearer Path

From Home Equity To A Plan.

Four straightforward steps to help you move toward your homeownership goals.

01

Review Your Home

Understand your property's value, current mortgage and potential equity.

02

Explore Options

Discuss available HELOC structures, requirements, costs and terms.

03

Apply

Complete the application and provide the information needed for review.

04

Access Your Line

Once approved and closed, access available credit according to your HELOC terms.

FAQ

HELOC Questions, Answered.

Get clear answers to common questions about HELOCs, eligibility, accessing home equity and repayment.

A Home Equity Line of Credit, commonly called a HELOC, is a revolving line of credit secured by your home. It allows qualified borrowers to access funds up to an approved credit limit.
A home equity loan typically provides a lump sum, while a HELOC generally provides a revolving line of credit that can be accessed according to the terms of the account.
Depending on the loan program and applicable requirements, borrowers may use HELOC funds for purposes such as home improvements, major expenses or other financial needs.
The amount you may qualify for depends on factors such as your home's value, existing mortgage balance, credit profile, income, debts and the specific HELOC program.
Yes. A HELOC is generally secured by your home. Because your property secures the line of credit, it is important to understand the terms, costs and risks before proceeding.

Ready for your next move?

Choose Phil or PJ to start your application.