Lines of Credit
A Home Federal line of credit may be a great way to control the flow of funds into and out of your accounts. Use the borrowed funds for a wide range of everyday expenses, and pay them off as you go. We offer two different line of credit options:
Unsecured Line of Credit
This revolving line of credit has no annual fee. It may be used as a sweep account for overdraft protection, and offers free online and mobile banking access, eStatements, and more.
Home Equity Line of Credit
This revolving line of credit is similar to an unsecured line of credit only it uses the equity built in your home as collateral. It features an adjustable rate, and has a term of 2 or 10 years. Even more information on a Home Equity Line of Credit (HELOC) can be found here.
For more information on lines of credit, and to find out what you qualify for, please contact one of our Personal Loan Officers.