Home Equity Line of Credit
Residential Credit Lines[cite::125::cite]
Enjoy extra financial freedom with instant access to funds when you need them. Take care of personal expenses, investments, home improvements and more with a revolving line of credit. Select the option that best fits your needs.
Account Details
Minimum To Finance
$10,001
Rate
Variable interest rate based on FICO, Loan to Value and Lien Position
Required Payment
During the 10 year draw period, an interest-only payment, or a $50 minimum, whichever is greater is required. During the 20-year amortized repayment period, amortized principal and interest payments are required. Principal and interest option is also available.
Fee
$0 Origination Fee
$0 Closing Costs
$0 Annual Fee
Features & Benefits
- Convenient access via check and online banking
- Conversion option to fixed rate sub-loan
- Primary residence, second home, or vacation homes eligible[cite::10::cite]
- Fast and easy application process