Home Equity Lines of Credit
A home equity line of credit is a form of revolving credit in which your home serves as collateral. Because a home often is a consumer's most valuable asset, many homeowners use home equity credit lines only for major items, such as education, home improvements, or medical bills, and choose not to use them for day-to-day expenses.
So when you need money for home improvements, a family vacation, college tuition (or anything!), a Home Equity Line of Credit from Connexus is the perfect choice. Already have a Home Equity Line of Credit with another lender? Refinance with Connexus and save!
Connexus' Home Equity Lines of Credit offer low, adjustable rates, affordable payment plans, potential tax deductibility, and the freedom to use your funds however you want.
- Summary
- Low interest rates
- No annual fee
- Potential for tax-deductible interest costs*
- No application costs
- 24-hour pre-approvals
- Pay interest on only what you use
- Biweekly payment option available
- Easy access to your home equity line of credit via telephone, online banking, check, or at any Connexus branch
Unlike home equity loans from other lenders, we only change our equity line of credit rate twice a year.
*Consult your tax advisor
