Home Equity Line Of Credit
A home equity line of credit lets you use the equity that’s in your home to remodel a bathroom or kitchen, pay off a car loan, give your daughter her dream wedding, or consolidate bills. Once you’ve established your credit line, you can draw money from it as needed, up to a certain amount (usually around 75% of your home’s appraised value minus the balance owed on the mortgage).
REQUIREMENTS
Subject to credit approval.
WHAT YOU NEED TO APPLY
- Social Security number
- Date of Birth
- Current street address
- Unexpired government-issued photo ID
