home-equity-line-of-credit

HELOC – use the value you have in your home

A home equity line of credit is a great source of available cash with a low interest rate

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The amount you have paid on your mortgage can be used for lots of things.

  • Borrow up to 100% of your home’s value, minus your mortgage balance
  • No closing costs on lines of $50,000 or less
  • HELOCs may be tax deductible; ask your tax advisor for information
  • Draw money from your HELOC as needed
  • 10-year repayment period
  • For more information click here.

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