Home Equity Line of Credit
A home equity line of credit, or HELOC, allows you to tap into your home’s equity to fund your project, whether you’re completing a home renovation, consolidating debt, or securing a down payment on a second home. A HELOC gives you an available line of credit that you can use as needed.
Home Equity Loans
If you're looking to convert the equity you've accumulated in your home into cash, a home equity loan could be a wise option. A home equity loan gives you a one-time lump sum that you repay with a fixed interest rate and repayment period.
Many people choose to refinance their loans for various reasons such as reducing their fixed interest rate to lower their payments over the loan's lifetime, changing the loan's duration, or switching from a fixed-rate mortgage to an adjustable-rate mortgage or vice versa. Connect with our lenders to discover your options.