Home Equity Line of Credit
With the Home Equity Line of Credit, money is there when you need it to cover major home repairs, a medical emergency, your child's college education, debt consolidation, and more.
The Home Equity Line of Credit is flexible and can be accessed anytime quickly and easily. Don't forget to ask your tax advisor how you can deduct the interest from your taxes.
- Variable Rate Home Equity Loan*
- Borrow up to 80% of your home’s equity**
- Minimum loan amounts apply
- Five year credit line draw period
- Interest may be tax deductible***
(click on requirements for all disclaimers)
*Must meet membership eligibility requirements. Please see "How to Join AmeriChoice" page for additional details on membership eligibility. Rates may increase and are subject to change without notice.
**Loan to Value and Maximum loan amount may vary based upon the applicant's creditworthiness.
***Contact your tax advisor to determine if you qualify for this deduction.
Monthly payment is the greater of 2% of the outstanding balance or $150 during the Five Year Draw Period.
To speak with a Loan Officer, call 1-800-240-4364 and press #3.
For disclosure information, please visit our disclosures page.