HELOC
Get cash out of your equity without refinancing!
HELOC
Home Equity Line of Credit
Whether you’re planning home improvements, consolidating debt, or funding major expenses, a HELOC gives you access to funds when you need them.
What is a HELOC?
A Home Equity Line of Credit is a loan using the equity in your home without touching your primary mortgage.
It is a second loan on your home that is quick and easy to obtain with low interest.
What is needed?
Standard income and credit is used to qualify.
Much less documentation and quicker to obtain.
Is it for me?
If you need cash to pay off debts with high interest and/or have home improvements and want to keep your low rate on your primary mortgage, then this is for you!
Our HELOC
Why Choose Our HELOC?
- Competitive Rates: Enjoy lower interest rates compared to personal loans or credit cards.
- Flexible Access: Borrow only what you need, when you need it, up to your approved credit limit.
- Interest-Only Payments: Pay just the interest during the draw period, giving you flexibility to manage your budget.
- No Hidden Fees: Transparent terms and no surprises.
How It Works
- Apply: Submit your application and get approved.
- Access Funds: Draw from your line of credit as needed.
- Repay: Make payments based on your usage, with interest-only options available during the draw period.