Consumer Home Equity Line of Credit

Unlock the equity of your home!  Choose this type of HELOC if your property is owner-occupied. Benefits of our consumer HELOC include:

 

• Funds when you need it
• Draw period of up to seven (7) years
• Your interest is calculated only on your balance owed
• Repayment terms of up to 15 years (after your draw period closes)
• Borrow up to an 80% loan-to-value ratio
• Easy repayment methods including payroll deduction, automatic transfers, external account transfers, online banking, and automated phone banking
• This loan is eligible for End of Watch Loan Protection coverage
• May be tax-deductible (please consult your tax advisor for details)

Investment Property Home Equity Line of Credit

Take advantage of the equity in your investment property.  Choose this type of HELOC if your property is not owner-occupied. Benefits of our Investment Property HELOC include:

 

• Funds when you need it
• Draw period of up to five (5) years
• Your interest is calculated only on your balance owed
• Repayment terms of up to 12 years (after your draw period closes)
• Borrow up to a 75% loan-to-value ratio
• Easy repayment methods including payroll deduction, automatic transfers, external account transfers, online banking, and automated phone banking
• This loan is eligible for End of Watch Loan Protection coverage
• May be tax-deductible (please consult your tax advisor for details)