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Borrow Smarter


When you’re looking to borrow funds, a home equity loan or home equity line of credit (HELOC) both offer an affordable alternative to a personal loan. But which solution is right for you? Often, it depends on your borrowing needs and preferences.

A Home Equity Loan may be right for you if...

  • You want to borrow a specific amount in one lump sum

  • You prefer the stability of an interest rate and payment amount that’s fixed for the life of the loan

  • You want to consolidate high interest credit card debt with a lower rate


A Home Equity Line of Credit may be right for you if...

  • You’d like to borrow only what you need at the time

  • You prefer flexible repayment options and don’t require a fixed monthly payment amount or rate

  • You’d like the ability to have funds available to you again, once you pay off your purchases