Home Equity Loans and Lines of Credit

Open a fixed-rate home equity loan or variable line of credit to get the funds you need

If you’re facing expensive bills or need to consolidate debt, your home can be your most valuable asset. If you’ve paid down a portion of your mortgage, you may be able to access the difference in the form of a home equity loan or home equity line of credit. Once you have these funds, you can use them towards expenses like home improvements, education, vehicles or debt consolidation. Learn a little bit more about our fixed-rate home equity loans and variable-rate home equity lines of credit to determine which option is better for you. No matter which you choose, you’ll receive lower rates than you’ll find on other loans because your home acts as collateral.

Compare home equity loans and lines.

Borrowing Objectives	Home Equity Loan	Home Equity Line of Credit
Fixed monthly payments		N/A
Choice of term length		N/A
Fixed interest rate		N/A
Access borrowed funds	Lump sum	As needed
Refinance existing debt
Loan for home improvements
	Apply now More info	Apply now More info

Additional benefits of home equity loans and lines of credit:

• Interest may be tax-deductible*
• Fast decisions on home equity loans and lines of credit
• Fixed-term, fixed-rate home equity loans for borrowing a specific amount
• Home equity line of credit for whatever you need, whenever you want, simply by writing a check
• Apply online for greater ease
• Borrowing Benefits for Charter One Circle Gold Banking™ Customers

Learn more about our home equity products.