Home Equity Line of Credit
Make “Home Sweet Home” Even Sweeter
Turn your house into your dream home with a Home Equity Line of Credit or a Home Equity Loan from City. Use your home’s equity to consolidate your loans into one low-interest monthly payment – or, free up money for your next big project.
With a fast, easy application process, plus an option to make interest-only payments on money you use, there’s no place like City. Unlock your home’s potential with a home equity loan or line of credit (HELOC). Take advantage of our competitive rates and quick approval.
- Pay interest only on the money you use.
- Quick approvals.
- No annual fee the first year.
- Contact us to learn about even more great benefits.
Stop Dreaming. Start Doing.
A home equity line of credit (HELOC) is a great way to get access to cash when you need it by letting you borrow against the available equity in your home. You can use the money any way you choose:
- Home improvement
- Consolidate debt
- Emergency expenses
- Vacation getaway
- And much more!
Physicians Home Equity Line of Credit
- High loan to value
- Low rates
- No annual fee
What is a HELOC?
A home equity line of credit, or HELOC, is a revolving credit line. It’s secured by the equity you’ve built in your home and can be used as needed — like a credit card. You only pay interest on what you draw from your HELOC. In some cases, the interest you pay might be tax deductible.*
A HELOC can provide a cost-effective way to borrow, and you can use the money any way you choose. Plus, as you pay down the balance, the available amount you can borrow reinstates – giving you peace of mind knowing the money is there if you need it again later.
What is a Home Equity Loan?
A Home Equity Loan allows you to borrow a lump sum secured by your home’s equity. Because the interest rate is fixed for the life of the loan, you’ll pay it back with monthly payments, so you’ll know exactly what to expect. And you’ll be protected from the possibility of rising interest rates – saving you money if rates go up.
Benefits of a Home Equity Loan from City include:
- No annual fee
- No appraisal fee
- No title fee
- Fixed rate for the life of the loan
- Fixed monthly payments
Unsure if a variable-rate HELOC or a fixed-rate Home Equity Loan is the best option for you? Contact us, and we’ll help you determine what best meets your needs.
Why choose City?
With a fast, easy application process, plus an option to make interest-only payments on money you use, there’s no place like City. Take advantage of our competitive rates and quick approval process.
Benefits of a HELOC from City include:
What’s My Equity?
Use this calculator to estimate the amount of equity in your home.
Find a Branch Near You
You can also give us a call at (800) 896-0769 (Mon-Fri 8am-5pm), or find a local branch near you.