A home equity line of credit offers extra flexibility. Once you establish your line of credit, simply write a check or transfer online to access the money as you need it. This type of loan allows you to:
- Access your money as needed or use it all at once
- Borrow up to 90% of your home's value
- Visa® Equity Access Card for fast access to your funds
- Write checks directly from your home equity line of credit
- Receive 20 free checks with the ability to reorder more
- Borrow at a lower rate than most unsecured consumer loans
- Make payments via automatic transfer, Account Management by Phone, online banking, the mail, the Call Center, or any branch location
- Pay off the loan early without penalty
- No inactivity fee
- No annual fee
Plus, open a TruMark Financial home equity line of credit by May 31, 2017, and be entered to win a $500 Home Depot gift card1!
*Annual Percentage Rate (APR) accurate as of 5/1/17, applies to minimum line amount of $75,000, is subject to change without notice, and applies to a loan-to-value (LTV) ratio of 80% for primary residence. Introductory rate will be in effect for six (6) months from the credit line open date. After the introductory discount period expires, the variable Annual Percentage Rate is effective. Introductory rate not applicable to existing TruMark Financial home equity lines of credit, applies to new TruMark Financial home equity lines of credit only. Rates vary depending upon amount financed, credit score, lien position, and collateral evaluation. Minimum APR is 3.74%, with automatic payment discount, maximum APR is 18%. APR is variable based on the highest The Wall Street Journal published Prime Rate and is adjusted on a monthly basis. Rates are subject to change, increasing when the prime rate increases, decreasing when the prime rate decreases. As of 3/15/17 the Prime Rate was 4.00%. Rate includes a 0.25% relationship discount. A TruMark Financial checking account is required for 0.25% discount. Property and/or flood insurance is required. Fees and charges may apply. Additional restrictions, limitations, and exclusions may apply. Please call TruMark Financial at 1-877-TRUMARK for further details. A $100 processing fee will apply. 1No purchase necessary. Click here for official rules with entry methods, eligibility, prize descriptions, and odds. NMLS 404938. All trademarks are property of their respective owners.