Home Equity Lines
- Unlimited access to your equity line is available by writing checks.
- The interest rate is often far lower than credit card or installment loan rates, and the interest paid may be tax deductible.
- Equity Loans can be used for any purpose. For example, home improvements, car purchases, and debt consolidation are all common.
- Like a credit card, your approved Equity Line can remain at zero balance and still be kept open for future unforeseen events or financial emergencies, helping you be prepared financially with a low-interest option.