Home Equity

Cover major expenses by borrowing a lump sum of money at a fixed rate that can be paid back over a set period of time. There may also be tax advantages, so be sure to check with your financial advisor.

Access the funds you need - when you need them - by writing a check drawn from your approved line of credit. As you repay what you borrow, funds will become available for use again. Check with your financial advisor about possible tax advantages.