What is a HELOC?
Also known as a second mortgage, the loan lets you access funds based on the available equity in your home.
What can you use it for?
Remodel your home, put in a pool, or do things like taking a vacation or purchasing a boat. The loan is low interest and may be tax-deductible.
Fixed rates/terms and payments that are customizable to your budget. When you’re a checking account holder with Equity Bank, you can also take advantage of free automatic loan payment options.