Limited Time Offer.
In the simplest terms, a Home Equity Line of Credit works a little like a credit card – except it’s secured by your home. Bank lenders approve you for a specific amount of credit based on the amount of equity you have in your home. The best part is, you’re not required to borrow up to the limit of your credit line, which means you won’t have to advance more than you need. A HELOC gives you instant access to cash to use anywhere and on anything.
Introductory 3.49% APR fixed for 12 months, variable APR of 5.40% - 9.00% thereafter[cite::1521::cite].
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Remodeling your outdated kitchen can lead to new cabinetry and countertops, which starts to add up. A HELOC is a great way to pay for these big-ticket expenses.
Choose a HELOC to help finance your dream vacation, while also alleviating the stress of having to use a credit card or cutting back your regular budget.
A HELOC can help fund any educational costs, whether they are for your college-age child or yourself.