HOME EQUITY line of credit

Are you in need of a line of credit to use over and over again? 

We can help. We offer HELOCs up to 95% of your home's appraised value. We offer these loans for our bank customers to help with debt consolidation, for working capital, or just a safety net you can obtain today, but not use until you need it. 

How a HELOC Works:

  • Draw Period (typically 5-10 years) – You can borrow money as needed, making interest-only or minimum payments.

  • Repayment Period (typically 10-20 years) – You can no longer borrow and must start repaying the principal and interest.

  • Variable Interest Rates – Most HELOCs have adjustable rates, which means payments can fluctuate.

  • Secured by Your Home – Your house is collateral, so failing to repay could lead to foreclosure.

Pros of a HELOC:

✔️ Flexible borrowing and repayment
✔️ Lower interest rates compared to personal loans or credit cards
✔️ Interest may be tax-deductible if used for home improvements