What is the difference between a HELOC and a Home Equity Loan?

home equity loan allows you to borrow a specific amount, with a fixed rate, term and monthly payment schedule. You’ll receive a one-time, sum payout.

home equity line of credit (HELOC) is a revolving credit line. This means, you can get access to funds on an ongoing basis by writing checks to pay expenses as needed.

Visit our Home Equity Loans page to learn more.

We’re an online bank with a community bank approach

Home Equity Loans can feel overwhelming. Our friendly loan experts are ready to make your loan happen by breaking this process into small steps. Customers love our high-touch, personal experience.

Contact Us to Learn More or Apply Now

You may also need: