How much can you get? We’ve mentioned the benefits of a home equity line of credit many times. A HELOC lets a customer borrow against the equity in their home, giving them liquid funds that can be used to make large purchases or consolidate debt at a lower interest rate.
But you might not know: If your customers are wondering just how big a loan they could qualify for, our free HELOC estimation calculator can help figure that out. All you need is the value of the home and the outstanding balance on the mortgage. Give it a try! Customers can apply now for a HELOC at a promotional 2.99 percent APR through March 2023.