Home Equity Line of Credit
Whatever you need to GET DONE...you can do it with our low-interest Home Equity Line of Credit (HELOC)
- Debt Consolidation
- Home Improvements
- College Tuition
- Wedding Expenses
- Rainy day fund
- The sky's the limit!
The HELOC rate is guaranteed for 5 years and adjusts every 5 years after that. There is a 10-year draw period and monthly payments are calculated based on a 15 year repayment. You only pay on what you borrow. A HELOC is a great safety net in case of big life events.
We also offer a home equity loan. For rates, please contact us at 586-466-7800 opt. 2.
Our home equity line of credit application is quick and easy. Call today to start the financing process.
|Home Equity Line of Credit|
|Effective Date: May 1, 2017|
|As low as 4.000% APR||Adjustable every 5 years|
|*A fully protected loan of $50,000 at 4.00% APR for 180 months would have a monthly payment of $370.00. Promotional rate is subject to change at any time without notice. Equal opportunity lender. NMLS #411386|