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Imagine Your Financial Future

Imagine if – You paid off that debt that has been weighing on your shoulders, you took that vacation you have been dreaming of, or you transformed your home into the perfect cozy oasis (and bonus, raised the value of your home!).
Those things are possible, and we are here to help you with them with our Home Equity Line of Credit (HELOC).

Your next thought is probably “But how?” Here’s how it works!
First, we’ll explain what HELOC is: A HELOC is a line of credit secured by your home that gives you a revolving credit line to use for large expenses or to consolidate higher-interest rate debt on other loans. A HELOC is a secured loan and that means that the interest rate is often lower than other common types of loans, like personal loans or credit cards, and the interest may be tax deductible.

How it works:

A HELOC loan borrows against the available equity in your home and the house is used as collateral for the line of credit. You can also think of this loan like a credit card – As you repay your outstanding balance, the amount of available credit is replenished. So you can borrow as much or as little as you need to. The benefit of this loan is because this is a secured loan, the interest rates are typically lower than personal loans or even credit cards!

So, whether your “Imagine If” list is checking off home improvement projects, paying off student debt or booking that much needed vacation, then contact one of our representatives today and we will help you achieve your goals and answer all your questions!

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