Home Equity Lines of Credit (HELOC)
Your home can be a great source of memories. And equity.
If you’re a homeowner you can use the approved equity in your home — the difference between the current value of your house and what you owe on it — for just about anything, including a remodel on that tiny bathroom you and your family have shared for so many years.
Hello HELOC, hello financial flexibility.
A Home Equity Line of Credit* can be used for home improvements but also provide you with the financial flexibility to help pay for unexpected medical expenses, education, travel, a vehicle, do a little debt consolidation, and so much more.
Current tax laws may allow interest paid on a home equity line to be deducted from your taxable income, but you should consult your tax advisor for details.**
*Lines are subject to approval
**Consult your tax advisor regarding any tax deduction status of your line.