If you have ongoing needs that are better served with revolving credit — but don’t want to resort to your personal credit card — a home equity line of credit (HELOC) may be the solution. Unlike lump sum financing, a HELOC offers an open source of financing that replenishes for future borrowing as you pay down your balance.

Details
  • Competitive interest rates for a wide range of ongoing expenses:
    • Home improvements
    • Medical expenses
    • Renovation projects
    • And much more
  • Direct, anytime access to funds without reapplying
  • Revolving credit — when you repay, your limit is replenished for future borrowing
  • Affordable payment plans
  • Only pay interest on the part that's used
  • The interest paid may be tax deductible*
  • Prompt, local decision-making and processing
  • Detailed, attentive service from start to finish

*Consult a tax adviser.