You have worked hard to build up your home’s equity. Now is the time to let that equity work for you. Why not use a Home Equity Line of Credit (HELOC) for your next major project or purchase?
Our loan representatives will work with you to get a low HELOC rate and keep your payments within your budget.
A Home Equity Line of Credit is a pre-approved loan that provides a source of funds whenever you need it. The funds are accessible through your checking account or debit card. Best of all — you do not have to reapply for a loan every time you need cash for a major purchase.*
- Draw from the equity in your own home to finance big expenses
- Draw what you need, when you need it
- No need to reapply
- Enjoy low variable rates
- Pay interest only on what you use
- Interest payments are often tax-deductible**
- Credit life and disability insurance are also available
- Personalized service tailored to your needs
*Up to 10 years or total amount of loan per each line of credit.
**Consult your tax advisor.
Rates are accurate as of September 1, 2016.
Rates are subject to change at any time.
Fees could reduce the earnings on the account.
Rates offered are subject to credit worthiness; contact a Deepwater employee for further information.