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HOME EQUITY LINES OF CREDIT (HELOC)

Make the value of your home work for you!  A Home Equity Line of Credit is a simple way to use the equity in your home to make home improvements, consolidate debt, plan a vacation, or help finance other things life throws your way!


We offer two different types of Home Equity Line of Credit (HELOC) products:

VARIABLE RATE HELOC

The Variable Rate HELOC offers a 10 year draw period with interest-only payments. The rate is adjusted quarterly.

  • Maximum loan to value is 65%
  • 15-year repayment term 
  • See Variable Rate HELOC loan disclosures here

5 YEAR FIXED RATE HELOC

The Fixed Rate HELOC offers the convenience of an open line of credit with the security of a fixed interest rate.

  • Maximum loan to value is 70%
  • 20-year repayment term (after 5 year draw period)
  • See 5 Year Fixed Rate HELOC disclosures here