Get the cash you need, when you need it — no more, no less. And no time wasted on unnecessary paperwork. Like a home equity loan, a home equity line of credit counts the value of your home to your advantage. But you only pay interest on funds you use, not a larger lump sum.
- Low variable rates
- Only pay interest on what you use
- Interest may be tax deductible*
- Use funds for any purpose
- Re-access funds fast without re-applying
- Local decision-making