Put the equity you’ve built in your home to good use.
One of the benefits of owning a home is the flexibility it can bring. Having a home equity line of credit (HELOC) gives you the flexibility to finance a wide range of expenses, from a wedding or new roof to college or a finished basement. Based on the equity in your home, a HELOC gives you versatile financing options with greater control, highly competitive rates, and potential tax savings*.
- Quick responses and direct access to experienced professionals
- Thorough and trusted communication throughout the process
- Competitive interest rates
- Multiple ways to make your payment
- Flexible and convenient closings
- Access to your account through online banking and our mobile banking app
Let’s work together to find a HELOC focused on your needs.
A HELOC is like a having a credit account based on the amount of equity in your home. Borrow up to your credit limit whenever you need the funds, then the available balance is replenished as you repay your outstanding balance.
- Variable interest rate with a 10-year term
- Easy ways to use your money: credit card, check or online transfer
- Low or no closing costs available**
- No fee for the first year
- Monthly mailed statement (paperless statement optional)
- No prepayment penalty if your HELOC is open for 3+ years
Home Equity Payment Calculator
A line of credit can be a versatile financing tool. Find out how much your payments will be for the funds you use.
Continue*Consult a tax advisor regarding the deductibility of interest.
**No closing cost option is not available in North Carolina or South Carolina.
Insurance will be required on real property securing the loan and flood insurance may be required if property is in a Special Flood Hazard Area. a $70 annual fee is waived for the first year but applies annually in subsequent years. The full term of the loan is 120 months. There is an early termination fee for accounts open less than 36 months, the amount of which varies depending on the amount of the account and can be up to $888. Subject to credit approval.