Home Equity Line of Credit

Put your home's equity to work.

A HELOC gives you a flexible, revolving line of credit secured by your home — borrow only what you need, when you need it, and pay interest only on what you use.

Check your equity Estimate payments

HELOC at a glance

Intro APR7.25% APR*
Credit line up to$500k
Draw period10 yrs
Max combined LTV85%
See if you qualify
Interest-onlyPayment options during the draw period
RevolvingReuse your line as you repay, like a credit card
Tax-smart*Interest may be deductible when used for home improvements
Why a HELOC

Flexible funds for life's big moments

Whether you're renovating, consolidating higher-interest debt, or keeping a safety net on hand, a HELOC adapts to your timeline.

  • Renovate & add value. Fund a kitchen, addition, or repairs and reinvest in your home.
  • Consolidate debt. Replace high-rate credit cards with a single lower-rate line.
  • Pay interest only on what you use. Your unused balance costs you nothing.
  • Keep your low first mortgage. A HELOC sits behind it — no need to refinance.
A warm, well-kept family home
How a HELOC works

Draw, repay, repeat

Get approved for a line

We assess your equity, income, and credit to set your maximum credit limit — often up to 85% of your home's value, minus your mortgage.

Draw during the draw period

For up to 10 years, borrow as much or as little as you need. Make interest-only payments on your balance.

Enter repayment

After the draw period, repay principal and interest over the remaining term. Pay down early anytime with no penalty.

Estimate

Model your HELOC payment

Enter a draw amount and rate to estimate your repayment-period payment.

$

Estimate of principal & interest during repayment. Variable rates may change over time.

Estimated monthly payment
$593
Amount drawn$75,000
Total interest$67,235
Total of payments$142,235
Get your real rate
HELOC questions

Good to know

Most lenders allow you to borrow up to 80–85% of your home's value minus your existing mortgage balance. For example, on a $500,000 home with a $300,000 mortgage, you could access up to roughly $125,000 at 85% combined loan-to-value.
Most HELOCs carry a variable rate tied to the prime rate, so your payment can change over time. We also offer fixed-rate lock options on portions of your balance for added predictability — ask your loan officer.
Anything — home improvements, debt consolidation, tuition, or an emergency reserve. Interest may be tax-deductible when funds are used to buy, build, or substantially improve the home securing the line. Consult a tax advisor.
Get started

See how much equity you can unlock

Check your available credit line in minutes with no obligation and no impact to your credit to start.

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