Home Equity Line of Credit
Level Up with a Home Equity Line of Credit
Your home holds more than memories – it holds potential. A HELOC gives you the freedom to use that value to elevate your life.
Use your equity to:
- Upgrade your home for more comfort and value
- Consolidate high-interest debt into one lower-rate payment
- Cover big life moments like tuition, weddings, or family events
- Handle unexpected expenses without disrupting your savings
- Finance major purchases, from appliances to vehicles
Stop Dreaming. Start Doing.
With a fast, easy application process, plus an option to make interest-only payments on money you use, there’s no place like City. Unlock your home’s potential with a home equity loan or line of credit (HELOC). Take advantage of our competitive rates and quick approval.
- Pay interest only on the money you use.
- Quick approvals.
- No annual fee the first year.
- Contact us to learn about even more great benefits.
Special Low-Rate Offer For New City HELOC Customers
What is a HELOC?
A home equity line of credit, or HELOC, is a revolving credit line. It’s secured by the equity you’ve built in your home and can be used as needed — like a credit card. You only pay interest on what you draw from your HELOC. In some cases, the interest you pay might be tax deductible.**
A HELOC can provide a cost-effective way to borrow, and you can use the money any way you choose. Plus, as you pay down the balance, the available amount you can borrow reinstates – giving you peace of mind knowing the money is there if you need it again later.
What is a Home Equity Loan?
A Home Equity Loan allows you to borrow a lump sum secured by your home’s equity. Because the interest rate is fixed for the life of the loan, you’ll pay it back with monthly payments, so you’ll know exactly what to expect. And you’ll be protected from the possibility of rising interest rates – saving you money if rates go up.
Why choose City?
With a fast, easy application process, plus an option to make interest-only payments on money you use, there’s no place like City. Take advantage of our competitive rates and quick approval process.
Benefits of a HELOC from City include:
Unsure if a variable-rate HELOC or a fixed-rate Home Equity Loan is the best option for you? Contact us, and we’ll help you determine what best meets your needs.
What’s My Equity?
Use this calculator to estimate the amount of equity in your home.
Ready to get started?
It’s easy – complete this form and one of our local loan experts will be in touch with you to discuss customized loan recommendations based on your goals.
You can also give us a call at (800) 896-0769 (Mon-Fri 8am-5pm), or find a local branch near you.
There’s a convenient City branch nearby
As a City customer, you’ll have access to more than 95 branches and ATMs.