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Home Equity Loans and Lines of Credit

For home improvements, financing college tuition or just about anything else.

Oliver Waving

Borrow against the equity you have in your home.

Depending on your home’s available equity and your preferred terms, we offer two home equity options.

Home Equity Loans

Home equity loans are considered "traditional" loans using a home's equity. You, as a borrower, will receive a lump sum of money to be paid back in set monthly amounts. The amount of equity available to you depends on several factors including the value of the property, the amount owed on the property and how much it’s worth.

Home Equity Lines of Credit

Home equity lines of credit (HELOC) allow you to take out a line of credit of up to 90% of your home's equity. Once available, you can use the funds as needed. There’s typically a "draw" period when you’ll have to make interest payments. When this period is over, you’ll make combined interest and principal payments until the loan is paid off.

Ready to apply?

Going with a home equity loan or a HELOC tends to be lower-risk than taking out a personal loan. If you have a large, upcoming expense, either option can be a worthwhile choice.

Apply for a home equity loan

Need some more info first? Take a look at our current home equity loan rates and HELOC rates.

See our current rates