Back to mortgage loans

Home Equity Line of Credit (HELOC)

HELOC is a line of credit that is secured by your home, giving you a revolving credit line to use at your will. It can be used for large purchases such as renovations, tuition, or emergency expenses.

A line of credit could be a viable option

Why should you do a HELOC?

1. To use as an emergency fund.
2. To consolidate debt.
3. Flexible widrawals and Payments.
4. Potential boost to Credit History.
5. To switch from an adjustable- to a fixed-rate loan.
HELOC Main Detail