The home equity financing you need, when you need it
With ChoiceLine, you have easy access to a line of credit and can lock in up to three fixed-rate advances at one time during the draw period. So you use the money as you need it—use it now or save it for an expense down the road. Plus, ChoiceLine interest rates are typically lower than unsecured loans.
How does ChoiceLine work?
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Secure a ChoiceLine and take advantage of its many benefits:
- Use your variable-rate line of credit during the 10 year draw period
- Pay no annual fee and no pre-payment fee†
- Choose an interest-only payment option for your line of credit during the 10 year draw period
- Manage your account with 24-hour online access
- Pay your advances together with one monthly payment
- Use your line of credit for 10 years and then take up to 10 additional years to pay off any remaining balance in your variable line. Your payment will be adjusted to a principal and interest payment at this time.
- Lock your rate on three advances at any one time during the 10 year draw period for a repayment term not to exceed the remaining term of your loan.
Home Equity Financing Calculator
Fill out the form below to calculate how much you may be able to borrow against the equity in your home.2
Ready to get the home equity financing you need?
Use ChoiceLine to build your dream kitchen, remodel a bathroom, build a backyard oasis, consolidate high interest bills, or other major purchases.
Already have a ChoiceLine?
If you have questions about your current Home Equity ChoiceLine, visit our ChoiceLine FAQs page for information regarding getting started, payments, subaccounts, and more!
