Home Equity Lines of Credit
A Home Equity Line of Credit (HELOC) is a form of revolving credit in which your home serves as the collateral. It is comprised of
a draw period when you can access the funds and a repayment period during which you can no longer draw funds. A HELOC is approved for
a specific amount that can be drawn on multiple times as needed, up to your available credit limit.
Fixed Rate Home Equity Loans
A Fixed Rate Home Equity Loan provides you with a fixed amount of money, repayable over a fixed period of time. The payment schedule will call for equal monthly Principle and Interest payments that pay off the entire loan within the loan period.
Home Equity Calculators
Use these calculators help you explore your home equity options and determine how much you can borrow and how much your home equity payments will be based on a line or loan amount.