A Home Equity Line of Credit Gives You Control

Your home is your biggest asset, so why not make the most of it!

A Home Equity Line of Credit is a flexible, low-interest way to pay for major expenses, such as:

• Tackling a remodeling job
• Paying for your child’s higher education
• Buying a car or boat
• Taking a dream vacation
• Consolidating other high interest loans or credit cards

There are many benefits in a Home Equity Line of Credit versus other sources of credit. 

Some of the benefits include the following:

• Interest may be deductible on your income taxes (Consult your tax advisor regarding the deductibility of interest.)
• Operates like a line of credit (You can pay down and borrow back within your credit limit an unlimited number of times.)
• You’re only required to pay interest each month for the first five years
• You become your own lender (You have a checkbook to make yourself an advance on your line of credit.)

Come talk to one of our experienced, friendly loan officers to see if a Home Equity Line of Credit is right for you! 

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