Utilize the equity in your home to make major purchases. Consolidate bills, pay for college, make home improvements and more!
Your Home Equity Line of Credit offers convenient access to your money, and you're not locked into a huge payment amount each month. Make interest-only payments at a minimum or pay extra towards your line amount whenever you want. It’s your choice.Balloon payment may be required.
The interest you pay will be low, but it also may be tax deductible, just like your mortgage interest. Please consult a tax advisor about your individual situation to determine whether your Home Equity interest paid will be tax deductible.