A HELOC is a convenient line of credit that is secured by your primary residence. Funds are available up to your approved credit limit, and can be used as needed.
You can determine the amount of equity in your home by taking either 80% or 85% of your home’s appraised value and subtracting the balance of your mortgage.
Call us at 992-2000, or stop by and speak with a personal banker for all the details.
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