Home Equity Line of Credit

With a Line of Credit, you have the flexibility to borrow and pay off your loan as many times as you like during a 10-year access period - up to your credit limit. Simply write a check against you account for...

• Home Improvements
• Credit Card Balances
• Education Expenses
• New Car
• Or...The Choice is Yours

You pay interest only on the amount of your credit line that you use. And as you repay, your line of credit is replenished.

Tax Advantages¹

Because your home secures your borrowing, you can deduct your interest payments the same way you deduct your mortgage interest.

No Closing Cost Option

With no closing costs you pay no up-front costs and enjoy a low introductory rate.² Then receive a low rate for the life of the line. With no points, no application fees, and no closing costs, this option could save you hundreds of dollars - maybe more than a thousand - right from the start.

¹ Generally, interest on home equity products is tax deductible for aggregate amounts up to $100,000 regardless of the use of the proceeds. Amounts over $100,000 may not be tax deductible unless the proceeds are used to buy, build, or substantially improve the home. Consult your tax advisor regarding your specific situation.

² Introductory rates are popular but may not available for all line sizes and in select geographies.