DirectPath

Home Equity Line of Credit

Access your home's value for renovations, debt consolidation, or major expenses. Flexible borrowing when you need it.

Benefits of a HELOC

Why homeowners choose a home equity line of credit

Access Your Equity

Tap into the value you've built in your home without selling.

Flexible Borrowing

Draw what you need, when you need it, during your draw period.

Lower Rates

HELOCs typically offer lower rates than credit cards or personal loans.

Potential Tax Benefits

Interest may be tax-deductible when used for home improvements.*

Ways to Use Your HELOC

A HELOC gives you flexibility to fund what matters most

Home Improvements

Renovate your kitchen, add a deck, or upgrade your bathroom.

Debt Consolidation

Pay off high-interest credit cards and simplify payments.

Major Expenses

Cover education costs, medical bills, or other large expenses.

Emergency Fund

Have funds available for unexpected expenses.

How to Get a HELOC

Access your home equity in four simple steps

1

Check Your Equity

See how much equity you have available to borrow against.

2

Apply Online

Complete our simple application and submit your documents.

3

Get Approved

We'll review your application and determine your credit line.

4

Access Funds

Draw from your line of credit whenever you need it.

HELOC vs. Home Equity Loan

HELOC

  • Revolving credit line
  • Variable interest rate
  • Borrow as needed
  • Interest-only payments during draw period
  • Best for ongoing expenses

Home Equity Loan

  • Lump sum disbursement
  • Fixed interest rate
  • Borrow full amount upfront
  • Fixed monthly payments
  • Best for one-time expenses

HELOC FAQs

Get answers to common questions about home equity lines of credit

*Consult a tax advisor regarding the deductibility of interest.

Ready to access your home equity?

Check how much equity you have available in minutes.