A HELOC is a revolving line of credit, like a credit card, that lets you borrow what you need when you need it during the draw period. A home equity loan provides a lump sum upfront with fixed monthly payments. HELOCs offer more flexibility if you're not sure exactly how much you'll need or when.

Checking your rate with us involves a "soft pull" that does not impact your credit score. A hard inquiry only occurs when you decide to formally apply for the line of credit.

Because our lending decisions are made locally by experienced bankers, most applicants receive a decision within days rather than the weeks typical at larger banks. Closing timelines depend on property appraisal and title work, but we work efficiently to get you access to your funds.

After the 10-year draw period, your HELOC converts to a 15-year repayment period. You'll no longer be able to draw additional funds, and your payments will include both principal and interest. We'll communicate clearly as this transition approaches so there are no surprises.

HELOC interest may be tax deductible if the funds are used to buy, build, or substantially improve your home. Tax laws are complex and individual situations vary, so we recommend consulting with your tax advisor to understand your specific situation.