Finance major needs with a HELOC. Much like a credit card, just apply once and then reuse your funds as needed.
- Competitive rates for several ongoing or seasonal needs
- The existing equity in your home is used as collateral backing
- Accommodating repayment terms that work uniquely for you
- Funds available anytime without reapplying; apply once, then use repeatedly thereafter
- Revolving credit – as principal is repaid, more becomes available for use
- Funds are released through account deposit, online bill pay, or checks
- The interest paid might be tax deductible*
- Set up automatic payments to be deducted from your account monthly
- Quick, local decision-making and processing
- Detailed, attentive service from start to finish
*Consult a tax advisor.
All loans subject to credit approval and underwriting policies. Proof of income and valid ID is required for all loan applications.