Is a HELOC right for you?
Want to pull equity out of your home without touching your first mortgage? A HELOC might be the route to go. Pull out equity whenever you like with a home equity line of credit
Benefits of a HELOC
- Flexibility: A home equity line of credit gives you flexibility to pull money out as you need it.
- Consolidate Debt: Payoff high interest debts through your equity
- Investment Opportunity: Invest your home equity into a remodel or an investment property.
HELOC Eligibility Requirements
- Property must be primary residence.
- Minimum line amount $50,000.
- Reasonable debt-to-income ratio.
