Home Equity Products

 A Home Equity Line of Credit (HELOC) is similar to a credit card. You have a certain amount of money available to borrow and pay back, but you can take what you need as you need it. The line allows you the flexibility to borrow funds when you need them up to a set limit, then repay and reuse the line at any time.

Home Equity Loans typically serve a long-term need and are single advance with a sum of money all at once. The loan is repaid over a fixed term, at a fixed interest rate, with equal monthly payments (Principal & Interest). Home Equity Loans are designed for homeowners making a large, one-time purchase, undertaking a home improvement, consolidating debt, buying a car or some other asset.