Line of Credit
About Home Equity
What is Equity?
Equity is the difference between the value of your home and the remaining unpaid principal balance of your mortgage. For example, a home worth $250,000 with a principal balance of $100,000 remaining has $150,000 in equity. (We have calculators to help you determine your equity.)
What's a HELOC?
A Home Equity Line of Credit is flexible! Use as you need it, either all at once or at different times. You can borrow up to the credit line maximum, and you’ll only pay on the outstanding balance.
Want Fixed Rates Forever?
Looking for fixed rates for the life of your loan? We also offer a Home Equity loan with terms up to 20 years!
