Home Equity Line of Credit (HELOC)

Why do you need a line of Credit?

Able to make a withdrawal whenever you need to. A Home Equity Line of Credit (HELOC) gives you flexible, revolving access to your home's equity at low mortgage rates — draw what you need, when you need it.

• Obtain funds for your future emergency purpose
• Easy to withdraw
• Interest payment only
• Access up to 65% of your home's appraised value (combined with mortgage: 80%)
• Revolving credit — repay and borrow again as needed
• Ideal for renovations, education, investments, or emergencies