A Home Equity Line of Credit is a revolving line of credit secured by the home. It enables you to decide how much you want to borrow and when. Line amounts range from $10,000 to $500,000. Key features and benefits include:
Rates as low as prime
No closing costs available *
Interest may be tax deductible *
Line amounts can be drawn, repaid and reused
Flexibility with access to funds when needed via check writing
Option to pay only interest for the first 10 years
You
need to use money that is locked inside your home for Home improvement
Fund education
Private school tuition
College tuition
Debt Consolidation
Purchase Auto
Dream Vacation
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