Borrowing against the equity in your home can be a great way to buy that new car, make improvements to your home, pay college tuition or simply consolidate other higher-cost loans into one low monthly payment. And the interest you pay may even be tax deductible! Consult your tax advisor regarding deductibility.
With a Home Equity Line of Credit, you borrow only the amount you need.
- Pay interest only on what you use
- Use your line all at once or a little at a time
- Convenient checks to use whenever you need them
- As you make payments, your line is replenished